Mountain Capital Partners, LLC proposed to acquire unknown majority stake in El Colorado and Centro Farellones from Andacor S.A. (SNSE:ANDACOR) for $6 billion on June 27, 2024. A cash consideration of $6 billion will be paid by Mountain Capital Partners, LLC. As part of consideration, $6 billion is paid towards assets of El Colorado and Centro Farellones. 100% of the secured creditors and 92% of the valid creditors of the company Andacor - owner of Colorado and Farellones - approved the transaction.

Nelson Contador & Compañía Abogados acted as legal advisor to Andacor.