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After having successfully acquired shares of its subsidiary Compañía Sudamericana de Vapores (CSAV) on April 12th, Quiñenco confirms what was reported to different media outlets: after having attained 66.45% of that company, it has no plans to further increase its shareholding, because a new purchase could involve a public tender offer, which has not been evaluated by Quiñenco’s decision-making bodies.

With Monday’s transaction, Quiñenco once again renewed its long-term commitment to CSAV, where it first invested 10 years ago when the shipping company was going through the most difficult period in its history.