OTPP splash into Chile

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CANADA/CHILE - Ontario Teachers' Pension Plan (OTPP) looks set to control 20% of Chile's water provision and wastewater industry as it acquires major shareholder interest in two companies.

The fund has agreed terms on buying outright Aguas Nueve Sur Maule and a 50.01% stake in Chile’s second largest water company, Empresa de Servicios Sanitarios del Bio-Bio, with a view to tender for...

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