OTPP to vie for Chilean utilities stake

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CHILE/CANADA - The Ontario Teachers' Pension Plan plans to bid to increase its stakes in two Chilean water utilities.

The C$107.5bn ($111.2bn) pension fund manager already owns a 51.1% stake in both Essbio S.A. and a 69.8% stake in Esval S.A. The Chilean government entity CORFO is holding the auction on 15 July...

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