French bank increases stake in BBD
Caisse Nationale de Crédit Agricole (CNCA) of France has executed a stock purchase and shareholder agreement with Sociedad de Inversiones Norte-Sur SA of Chile for the acquisition of 600,000 shares of SINS in Chilean bank Banco de Desarrollo (BBD). The purchase represents 5.30 per cent of the capital stock of BBD. The transaction was closed on November 16.
To read more
Subscribe to Latin Lawyer
Subscribe and start reading now
Latin Lawyer is your definitive source of news, analysis, and research from the Latin American legal community. It keeps you up to speed with the issues and trends that matter and provides the data and tools you need to operate successfully.