The following companies had unusual price changes in Chilean trading. Stock symbols are in parentheses and prices are as of the close in Santiago.
Banco de Chile (CHILE CC) advanced 3 percent to 68 pesos. Chile’s second-largest lender by assets sold $111 million of Mexican-peso denominated bonds yesterday.
Banco Santander Chile (BSAN) rose 5.7 percent to 35.3 pesos, its biggest increase in nine weeks. Spain’s Banco Santander SA completed the sale today of a 7.8 percent stake in its Chilean unit at 33 pesos per share, raising $958 million. Trading had been suspended until 11:30 a.m. in Santiago.
Corpbanca (CORPBANC) rose 3 percent to 6.821 pesos, the biggest gain in a week. Chile’s sixth-largest lender by assets agreed to acquire Santander’s Colombian operation for $1.16 billion and will sell $450 million in new shares to fund the operation.
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