Philippi and Claro advise in shipping deal

Philippi, Yrarrázaval, Pulido & Brunner has helped Chilean conglomerate Quiñenco increase its stake in struggling shipping company Compañia Sud Americana de Vapores (CSAV), in a deal which has garnered media attention after a 45 per cent tumble in CSAV shares when Quiñenco announced plans to increase its stake in the company at the beginning of September.