Italian energy company Enel called on the government to abide by its commitment to give Enel a minimum 60 percent stake in the government-controlled geothermal monopoly LaGeo.
LaGeo provides about a quarter of all the electricity consumed in El Salvador. Enel currently has a 36.2 percent state in the company.
The Spanish multi-national Eat Out and Pollo Campero signed an agreement on April 29 to form an alliance to expand the operations of both companies in Central America and Spain.
The companies created a new corporation, whose name was not revealed, in which Eat Out is the majority shareholder. Eat Out belongs to Grupo Agrolimen and Pollo Campero is part of the Guatemalan multi-national Multi Inversiones.
TV Azteca, Mexico's second-largest broadcaster, has acquired 70% of Guatemala's Latitud TV, owner of Guatemala City's channels 31 and 35 in a bid to expand its brand internationally.
Despite the Central American country's relatively small and impoverished population, its broadcast television advertising market is valued at over US$100m per annum. Latitud offers strong access to this market through ownership and operation of channels 31 and 35.
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