Today’s papers are reporting that President Mejia has reaffirmed his intention to acquire the 50% share of the two distribution companies held by Union Fenosa, quoting him as saying that the purchase agreement is “irreversible.” The government has defended the deal as a way to restructure the power system.
\nHe said he preferred to come to a “friendly” deal with Union Fenosa better than sustain a conflict that would end up in court. He acknowledged the World Bank (IMF) and the IDB have expressed their concern over the deal. <\/p>\n","protected":false},"excerpt":{"rendered":"
Today’s papers are reporting that President Mejia has reaffirmed his intention to acquire the 50% share of the two distribution companies held by Union Fenosa, quoting him as saying that the purchase agreement is “irreversible.” The government has defended the deal as a way to restructure the power system. He said he preferred to come … <\/p>\n