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Topic: Belize Water Services Ltd.

Consolidated Water sells Belize operations

The Cayman-based Consolidated Water has reached a deal to sell its Belize branch, CW-Belize, to Belize Water Services Ltd. for US$7 million, with the closing of the transaction expected to take place by Wednesday.

Consolidated Water looking to close Belize operations

Local utility company Consolidated Water may be selling its operations in Belize due in major part to difficulties the company has experienced in repatriating profits from there, according to filings with the United States Securities and Exchange Commission.

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