Brief

"On December 12, 2024, the National Securities Commission (Comisión Nacional de Valores, CNV) issued an update regarding privatizations. The new regulation allows for the transfer of up to 50% of shares in energy or gas sector companies from the State to a private buyer without triggering a takeover bid, as long as the buyer assumes the same role and position as the seller in the existing shareholder agreement."

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National Securities Commission (Comisión Nacional de Valores, CNV)

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