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Chile: Fepasa postpones flotation plans again.

The America's Intelligence Wire

| December 09, 2004 | COPYRIGHT 2004 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From SABI (South American Business Information) - El Mercurio (Chile))

Fepasa (Ferrocarril del Pacifico), the Chilean freight railway operator, has once again postponed plans to float at least 30% of its share capital on the Chilean stock market from the first half of December 2004 to either the end of December 2004 or the first quarter of 2005. Originally, the flotation was scheduled to take place in the second half of November 2004. According to market sources, one of the ...

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