Ultramar agrees sale of Neltume Ports stake to ATCO

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Ultramar agrees sale of Neltume Ports stake to ATCO

ATCO has announced that it is entered into an agreement to acquire 40% of Neltume Ports, a leading port operator and developer in South America, for approximately CAD450 million (US$345.8 million). Neltume Ports, a subsidiary of Ultramar, operates in 16 port facilities and three stevedoring businesses primarily located in Chile and Uruguay. 

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