Key Developments: Cencosud SA (CNCO.N)
15.82USD
17 May 2013
$-0.21 (-1.31%)
$16.03
$16.02
$16.02
$15.77
9,339
56,378
$20.99
$15.10
Latest Key Developments (Source: Significant Developments)
Cencosud SA To Propose FY 2012 Dividend Payment
Cencosud SA announced that during its shareholders meeting, to be celebrated on April 26, 2013, it will propose to distribute a dividend payment for fiscal year 2012 at a total value of CLP 20.59906 per share, effective on May 15, 2013. Full Article
Cencosud SA Announces Placement Of Bonds On International Market
Cencosud SA announced that on December 6, 2012 the Company issued and placed the bonds in the amount of USD 1,200,000,000, with a nominal value of USD 200,000, an interest rate of 4.875% and a maturity in 2023. The bonds were placed on the international market. Full Article
Cencosud SA Completes Acquisition of Carrefour SA’s Business In Colombia
Cencosud SA announced that on November 30, 2012 it completed the acquisition of a 100% stake in Colombia Holdings Alpha BV, Thalie BV, Calliope BV, Uranie BV and Coledim BV from Carrefour SA. In addition, the Company announced the completion of the acquisition of the Colombian companies Grandes Superficies de Colombia SA and Atacado de Colombia SAS from Carrefour SA. Full Article
Carrefour SA Sells Business in Colombia to Cencosud SA for Enterprise Value of EUR2 Billion
Carrefour SA announced the signing of an agreement with the Chilean group Cencosud SA for the sale of its operations in Colombia for an enterprise value of EUR2.0 billion. The transaction should be effective by the end of 2012. Full Article
Cencosud SA Announces Further Details On Buying Business In Colombia From Carrefour SA
Cencosud SA announced that it proceeded with signing the contract with Carrefour SA's subsidiary, Carrefour Nederland BV, under the name "Share Purchase Agreement". According to the agreement, Cencosud SA will acquire from Carrefour Nederland BV 100% participation in Dutch companies Colombia Holdings Alpha BV, Colombia Holdings Thalie BV, Colombia Holdings Calliope BV, Colombia Holdings Uranie BV and Colombia Holdings Coledim BV, as well as 100% participation in Colombian companies Grandes Superficies de Colombia SA and Atacado de Colombia SAS for the amount of EUR 2,000 million. In order to proceed with transaction Cencosud SA signed a loan agreement with JP Morgan Chase Bank for the amount of USD 2,500 million. The operation is expected to be finalized until December 31, 2012. Full Article
Cencosud SA Announces Issuance of New ADSs and New Shares
Cencosud SA announced that on July 3, 2012, it has proceeded with the issuance of 4,565,217 new American Depositary Shares (ADSs), representing the issuance of 13,695,651 new shares. Each ADSs comprises three new shares. The deal was handled by JP Morgan Securities LLC, UBS Securities LLC, Morgan Stanley & Co LLC, Credit Suisse Securities (USA) LLC, Banco Bilbao Vizcaya Argentaria SA and Santander Investment Securities Inc. Other details were not disclosed. Full Article
Cencosud SA Acquires 38.606% Stake in Jumbo Retail Argentina SA from UBS AG London Branch
Cencosud SA announced that it has acquired a 38.606% stake in Jumbo Retail Argentina SA from UBS AG London Branch at a total value of USD 483,583,333. Additionally, the stake acquired in Jumbo Retail Argentina SA was transferred to Cencosud SA’s subsidiary Cencosud Internacional Ltda. Full Article
Cencosud SA Announces Further Details On Public Offering
Cencosud SA announced that on June 22, 2012 it placed its 91,304,348 shares at a price of CLP 2,600 per share through la Bolsa de Comercio de Santiago Bolsa de Valores. Full Article
Cencosud SA Announces Pricing of Public Offering
Cencosud SA announced the pricing of its public offering of 91,304,348 shares of common stock in the form of shares or American Depositary Shares (ADSs). Of the 91,304,348 shares of common stock being offered, 45,797,349 are being offered in the form of ADSs, each representing three shares of common stock, (equivalent to 15,265,783 ADSs) at a price to the public of USD15.61 per ADS and 45,506,999 are being offered in the form of shares at a price to the public of Ch$2,600 per share. The ADSs are scheduled to begin trading on the New York Stock Exchange on June 22, 2012, initially under the symbol CNCO.T prior to the completion of the preemptive rights offering described in the final prospectus, and “CNCO” following the completion of such preemptive rights offering. Cencosud has granted the underwriters the option to purchase up to an additional 13,695,652 shares in the form of ADSs at the public offering price less the underwriting discount. J.P. Morgan Securities LLC and UBS Securities LLC are acting as global coordinators and joint bookrunners for the offering. Morgan Stanley & Co. LLC, Credit Suisse Securities (USA) LLC, Banco Bilbao Vizcaya Argentaria, S.A. and Santander Investment Securities Inc. are acting as joint bookrunners. Full Article
STXNEWS LATAM-Chile retailer Cencosud shares fall after fine
Shares in Chile's Cencosud were down about 1 percent after the Supreme Court fined the retailer an estimated $70 million for a unilateral hike of its supermarket unit's credit card maintenance fees in 2006.
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