14 June 2002
Redes Opticas SA, a joint Chilean venture between Southern Cross Latin America Private Equity Fund LP (Southern Cross) and GE Capital Equity Investments Ltd (GE), has acquired the Chilean telecoms company Télex-Chile SA (Télex).
21 December 2001
The Chilean law firm Cariola, Diez, Pérez-Cotapos & Cía Ltda and Basham, Ringe y Correa SC of Mexico have advised Masisa, a Chilean wood board producer with plants in Chile, Argentina and Brazil, in connection with the purchase of a particleboard plant located in Durango, Mexico. The US$15-million purchase was closed on December 11.
21 December 2001
Telefónica Chile has signed a US$87.3-million outsourcing agreement with IBM Chile. IBM will provide Telefónica with operational assistance and undertake maintenance of its equipment for the next five years. A similar agreement was signed between Telefónica Argentina and IBM earlier in the year.
26 October 2001
Mining and metals multinational Noranda has acquired the El Pachón copper deposit from Cambior Inc and Minera SA. Noranda acquired 100 per cent of the El Pachón copper deposit by purchasing Cambior’s interests in Pachón SA Minera, an Argentine company, and Pachón Transportes y Servicios Limitada, a Chilean company. In addition Noranda acquired Minera SA’s Panamanian Compañía Minera San José SA, which owned the remaining interests in Pachón and Transportes. The deal was closed on September 28.
28 August 2001
Chilean firm Cariola, Diez, Pérez-Cotapos & Cía Ltda is advising the Inter-American Development Bank and European banks in the structuring of a project financing deal for the construction of a port complex in the bay of Mejillones in northern Chile .
21 November 2000
The offer, launched on November 21 2000, is for the outstanding shares of two of its distribution subsidiaries, Chilectra and Rio Maipo.
23 October 2000
The transaction, which closed on October 23, involved the acquisition of Transelec, a Chilean electricity transmission company, by Canada's Hydro-Québec for US$1.076 billion.
20 July 2000
On July 20 the Antitrust Commission approved the sale of Aguas Cordillera, the waterworks subsidiary of Enersis, itself a subsidiary of Spain's Endesa, to Emos for US$185 million.