South African hotel chain divests casino in Chile

Chile’s CMS Carey & Allende has helped local investment group Nueva Inversiones Pacífico Sur (ISP) buy the remaining shares in Chile’s largest casino operator, giving it full ownership of the company.ISP bought the shares from South African hotel chain Sun International for US$160 million. The seller relied on Carey for the deal, which closed on 20 August.


Get unlimited access to all Latin Lawyer content