Monday, July 9, 2007

Banco de Chile shareholder says won't cede control

(Reuters) - Quinenco said it would maintain control of the bank through
LQIF, but that within three years Citigroup could acquire up to
50 percent of LQIF.




Quinenco said at the end of June that it had reopened talks
with Citigroup regarding a possible association, which resulted
in Banco de Chile stock rising 15 percent.


Read more at Reuters.com Bonds News

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