AquaChile's trade union Trabajadores Unidos, which includes around 150 workers, said the team is worried there might be job losses following the news of the company's sale, reports Soy Chile.

However, they have been reassured that workers will keep their jobs.

According to Gloria Yaneth, president of Trabajadores Unidos, AquaChile President Victor Hugo Puchi met employees and told them to "keep calm."

He reassured them the acquisition is "a good thing that doesn't have to affect the workforce."