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Ecopetrol SA Announces Merger Between Subsidiaries And Liquidation Of Absorbed Ones

Monday, 31 Dec 2012 10:29am EST 

Ecopetrol SA announced that, according to the decision agreed by the Company‚Äôs Board on November 16, 2012, it was recorded the merger agreement between subsidiaries: Ecopetrol Oil & Gas Investments, Ecopetrol Equity Investments and Ecopetrol Pipelines International (EPI). EPI absorbed the other two subsidiaries and they were liquidated. Before the merger, Ecopetrol SA held directly a 100% in Ecopetrol Oil & Gas Investments and EPI, and had indirect stake of a 100% in Ecopetrol Equity Investments. Now, Ecopetrol SA holds directly 100% stake in EPI. 

Company Quote

0.05 +0.17%
3:46pm EDT