colombia

Barcelona-based Gas Natural Fenosa to make take-over of biggest energy distributor in Chile for €2.6 billion

October 13, 2014 08:32 PM | ACN

The energy company Gas Natural Fenosa announced they have launched a tender offer for 100% of the share capital of the Chilean Compañía General de Electricidad (CGE), which represents a €2.6 billion purchase. The transaction is to be the biggest international  acquisition by the Barcelona-based company. The total size of the operation, including the consolidated debt of CGE and its subsidiaries, is approximately €6 billion. It expected to generate over €600 million gross profit next year. Purchase of CGE, which distributes electricity to 43% of the Chilean market, and has 2.5 million customers, will increase the Catalan company's presence in Latin America. Furthermore, this deal will allow Gas Natural Fenosa to meet its 2015 growth targets and strengthen its presence in Latin America.

Latin America left-wing parties support Catalonia's self-determination vote scheduled in November

August 29, 2014 09:27 PM | ACN

The final declaration of the 2014 São Paulo Forum, which brings together around 100 left-wing parties from Central and South America each year, has demonstrated explicit support for Catalonia's self-determination vote, which is foreseen for the 9th of November. The XX Encuentro del Foro de São Paulo, which took place in La Paz (Bolivia) between the 25th and the 29th of August, gathered together most of the parties that are now running the governments of Spain and Portugal's former colonies in Latin America. The support statement was proposed to be included by 3 Catalan parties: the left-wing independence party ERC, the Catalan green socialist party ICV and the radical left and independence party CUP.

Exports from the Port of Barcelona increase by 63% from pre-crisis levels registered in 2008

July 18, 2014 08:36 PM | ACN

63% more exports have been channelled through the Port of Barcelona during the first six months of 2014 than in the same period of 2008, prior to the economic crisis. On Friday, the President of Barcelona Port Authority, Sixte Cambra, announced that 2014 will be the year of record sums of exports and imports from the Catalan port. The Port finished the first half of 2014 with 22.5 million tons of goods transported, representing an increase of 7% compared with the same period of 2013. Cambra said that growth occurred in all cargo sections of the port, driven by foreign trade, especially exports.

World’s best restaurant to tour South-America in August 2014

December 11, 2013 07:42 PM | ACN

Catalan ‘El Celler de Can Roca’, the ‘best restaurant in the world’ according to Restaurant magazine, will temporarily close its doors in August 2014 to take a tour in Mexico, Colombia and Peru. The Roca brothers – Joan (Main Chef), Josep (Sommelier) and Jordi (Dessert Chef) - have decided to take this ‘Roca & Roll World Tour 2014’ to “renew” the “illusion” and give “new impetus” to the “creative work” of everyone involved in the iconic three-Michelin-stars restaurant, located in Girona (North-eastern Catalonia). Thanks to this unique “adventure”, named ‘Haute cuisine with values’, Catalan cuisine reasserts its position in the highest culinary ranks at international level. This announcement occurred only a few weeks after Michelin stated that all the awarded restaurants in Catalonia had successfully retained their stars.