TMCnet News
CorpGroup to acquire 20% stake in VTR GlobalcomJan 22, 2010 (Datamonitor Financial Deals Tracker via COMTEX) -- CorpGroup intends to acquire a 20% stake in VTR Globalcom S.A., a provider of cable television, telephony and broadband internet services, from Cristalerias de Chile S.A., a producer of glass containers, for CLP167,000 million ($343.51 million). All the companies involved in the transaction are based in Chile. Reportedly, CorpGroup intends to pay the consideration by May 19, 2010. Deal Value (US$ Million) 343.51 Deal Type Acquisition Sub-Category Minority Acquisition Deal Status Announced: 2010-01-21 Deal Participants Target (Company) VTR Globalcom S.A. Acquirer (Company) CorpGroup Vendor (Company) Cristalerias de Chile S.A. % Acquisition 20% |
