Banco de Chile's majority owner sells about $820.5 million in shares
SANTIAGO Jan 29 (Reuters) - The majority shareholder of Chilean bank Banco de Chile on Wednesday sold about 6.7 billion shares, raking in roughly $820.5 million.
The shares were sold at 67 pesos each, below Tuesday's closing market price.
Top owner LQ Inversiones Financieras, made up of the wealthy Chilean Luksic family's Quinenco SA holding group and Citigroup Inc, now has a roughly 51 percent stake in the bank, down from 58.4 percent.
- Malaysia air probe finds scant evidence of attack: sources |
- Malaysia military tracked missing plane to west coast: source |
- Confrontation in Ukraine as diplomacy stalls |
- N.Korea using sophisticated means to avoid U.N. sanctions - U.N. report
- Freescale loss in Malaysia tragedy leads to travel policy questions