News

Quiñenco Launches Online Conference Series Open to the Community

The video conference “Doing Business in Times of Pandemic” will take place this Thursday, July 9th, at 12:00 p.m. with presentations from the CEO of Quiñenco, Francisco Pérez Mackenna, from Chile, and the Corporate Vice-President of Strategy, Mergers and Acquisitions for Nexans, Juan Ignacio Eyzaguirre, from France.   July 1, 2020.- The digital conference series […]

Quiñenco Placed a Total of 4 Million UF in Bonds on the Local Market

Two series were issued: UF 3 million with a 27-year term at a rate of 1.65% and UF 1 million with a 12-year term at a rate of 1.20%. The two banks managing the deal, Banchile Citi and Scotiabank, highlighted that they had not seen such interest from the market for similarly structured bonds since […]

Quiñenco’s Net Income for First Quarter 2020 lower than 1Q 2019

The Company reported net income of MCh$39,417, which reflects only the first few weeks of the COVID-19 crisis in Chile. This figure is 29.4% less than the same period in 2019, mainly explained by reduced results from Hapag-Lloyd and CCU, offset in part by strong performances from Banco de Chile and Enex as of March. […]

Francisco Pérez Mackenna, CEO of Quiñenco: “Times are hard, but we are in a solid position”

At the Shareholders’ Meeting, Pérez Mackenna remarked that no company will be left untouched by the effects of the global crisis, but the holding’s consistent track record of value creation and diversification affords it more flexibility to adapt to the circumstances. Carolina García de la Huerta was newly elected to the Board of Directors of […]

Quiñenco to Hold Shareholders’ Meeting Online as a Precautionary Measure for COVID-19

The measure seeks to prevent possible spread of the disease and help combat the pandemic.   Santiago, April 21, 2020. Quiñenco communicated that its Annual General Shareholders’ Meeting to be held next Thursday, April 30th at 10:00 a.m., will be held exclusively online, using technology that allows online participation and voting. The company’s decision is […]

Letter from Quiñenco President Andrónico Luksic Craig to shareholders

Dear Shareholders, As I present the 2019 Annual Report and Consolidated Financial Statements for Quiñenco S.A., a pandemic with uncertain consequences is impacting Chile and the world. We are facing a threat to life, human progress and the global economy, and overcoming it will require a great deal of unity, commitment and leadership. As historian […]

Quiñenco Reports Net Income of Ch$210,049 million for 2019

The results are explained, to a large extent, by a strong performance from the German shipping company Hapag-Lloyd, the favorable impact of SM Chile prepaying its subordinated debt and the sale of the holding’s insurance business. Net income was up 16% over the prior year. The CEO of Quiñenco, Francisco Pérez Mackenna, commented, “The strong […]

Online participation in annual general shareholders’ meetings of listed subsidiaries

The boards of the companies Empresa El Peñón S.A., Hoteles Carrera S.A., Industria Nacional de Alimentos S.A., Inversiones Ranquil S.A. and Inversiones O’Higgins Punta Arenas S.A., all subsidiaries of Quiñenco S.A., have agreed to use technology to facilitate online participation in the annual general shareholders’ meetings of the aforementioned companies. The e-mail [email protected] has been […]

Invexans Merges with Río Argenta, Controller of Enex

Both companies are controlled by Quiñenco. The transaction is designed to move forward with the internationalization of the fuel and lubricant distributor Santiago, March 23, 2020.- At an extraordinary shareholders’ meeting of Invexans S.A., a subsidiary of Quiñenco that manages and prospects investments outside Chile, shareholders approved a merger with Inversiones Río Argenta S.A., which […]

Quiñenco and Affiliates Intensify Coronavirus Action Plan

In addition to encouraging telecommuting, suspending travel and reinforcing hygiene and other measures to protect employees at all companies, the group has also introduced customer-centric measures, such as Banco de Chile’s arrangement to postpone payments on mortgage and consumer loans and its special loan plan for SMEs. The CEO of Quiñenco, Francisco Pérez Mackenna, commented, […]

Quiñenco Finalizes Sale of Entire Insurance Business to Chubb

  In full compliance with the conditions of the agreement announced in September, the company reported that its subsidiary, Inmobiliaria Norte Verde, finalized the sale of its 66.3% stake in Inversiones Vita, Banchile Seguros de Vida and Segchile Seguros Generales to the multinational Chubb, which also purchased the remaining 33.7% owned by unrelated third parties. […]

Quiñenco Creates Corporate Affairs and Social Management Department

 The company accepted the resignation of Carolina García de la Huerta. After nearly six years as Corporate Affairs and Communications Officer, she is taking on new roles as an advisor to Quiñenco’s board and director of the Luksic Foundation. The company’s current Director of Public Affairs, Mauricio Lob, was appointed to lead the new Corporate […]

Quiñenco Launches Scholarship to Study at One of the Most Prestigious Universities in France

The new “Quiñenco Scholarship”, which is part of the Luksic Scholars initiatives, covers full tuition and living costs during three years of undergraduate studies and two years of graduate studies at Sciences Po. According to the QS 2019 ranking, Sciences Po ranks first in continental Europe and third in the world in political science and […]

Quiñenco Reports Net Income of Ch$137,317 million for 9M19

The Group’s performance is down 10.7% from the same period in 2018, mainly due to last year’s extraordinary gain from the early termination of CCU’s Budweiser license in Argentina.    The German shipping line Hapag-Lloyd, the main asset of Compañía Sud Americana de Vapores (CSAV), performed particularly well during the period.   Santiago, November 28, […]

Quiñenco Sells Entire Insurance Business to Chubb

The company reported that its subsidiary, Inmobiliaria Norte Verde, reached an agreement to sell its 66.3% stake in Inversiones Vita, Banchile Seguros de Vida and Segchile Seguros Generales to the multinational Chubb, which has already purchased the remaining 33.7% from unrelated companies. In all, Inmobiliaria Norte Verde will receive 1 million 335 thousand UF for […]

Quiñenco reported net income of Ch$76,791 million for first half of 2019

  Performance is down 35% from the same period in 2018, mainly due to the effect of last year’s non-recurring gain from the early termination of CCU’s Budweiser license in Argentina, and weaker results from the French company Nexans. Amidst a complex international context, Hapag-Lloyd performed well, reversing its loss from the first half of […]

Quiñenco Appoints Pablo Granifo as Director to Replace Gonzalo Menéndez

  The executive becomes a member of the Board of Directors after over 30 years in the Luksic Group’s financial sector. Currently, he is also the Chairman of Banco de Chile and Viña San Pedro Tarapacá, and sits on the boards of CCU and Enex. The Chairman of Quiñenco’s Board of Directors, Andrónico Luksic Craig, […]

Quiñenco Regrets the Passing of its Director Gonzalo Menéndez Duque

The Chairman of the Board of Directors, Andrónico Luksic Craig, expressed his “Deep regret for the passing of a man that devoted a great part of his life, all his talent and wisdom to build what is currently the Luksic Group, to create companies and to contribute to the country’s progress.” Quiñenco’s Chief Executive Officer, […]

Quiñenco’s Profits Up 52% During First Quarter of 2019

Net income amounted to Ch$55,814 million in March, mainly explained by strong performance from Hapag-Lloyd, the German shipping company that is the main asset of Compañía Sudamericana de Vapores. Quiñenco’s Chief Executive Officer, Francisco Pérez Mackenna, particularly highlighted the international expansion goals achieved during the last few months, including CCU’s inauguration of a new plant […]

“We advanced in terms of results and in our internationalization and diversification strategy”

  The Chief Executive Officer of the Company stated that this year’s results, 66% higher than the previous year, “are proof of the continuous progress in the Company’s growth and expansion strategy, firmly anchored in the search for sustainable development as a core part of our business model”.   In addition, he particularly highlighted the […]

Quiñenco’s profits increased by 66% in 2018

Net income amounted to Ch$180,430 million, mainly due to the recovery of CSAV, which reverted the impact of its dilution in Hapag-Lloyd in 2017, and to the gain generated at CCU due to the early termination of the Budweiser license in Argentina. Other highlights of the year were Enex’s entry to the United States market […]

Quiñenco’s Profits increased by 135% as of September 2018

This increase is explained by CSAV’s recovery, which reverted the impact of its dilution in Hapag-Lloyd after the merger with UASC, and by the gain obtained by CCU for the early termination of its Budweiser license in Argentina.   Quiñenco’s Chief Executive Officer, Francisco Pérez Mackenna, acknowledged the value of these results and especially highlighted […]

Quiñenco’s profits increase 256% during the first semester of 2018

  This variation is mainly explained by the non-recurring gain recorded by CCU arising from the transaction related to the early termination of the Budweiser license in Argentina, and also to improved results at CSAV. The Chief Executive Officer, Francisco Pérez Mackenna, highlighted the recent announcement of ENEX’s entrance to the United States market, “a […]

Enex agrees to acquire a network of travel centers on US highways for US$ 289 million

  The network is Road Ranger, with 38 travel centers along the main highways in the Midwest of the country, with presence in Texas, Illinois, Iowa, Indiana, Missouri and Wisconsin. Entry to the USA marks the beginning of Enex’s internationalization, after its consolidation in Chile as a relevant actor in the domestic market of fuel […]

Quiñenco issues bonds in the Local Market for a total of UF 7 million

  The issue included two series: one for UF 2 million, structured with a seven-year term and a demand that reached 2.9 times the offer, at a rate of 1.70%; and another for UF 5 million, with a 29-year term and a total demand of 1.7 times the offer, at a rate of 3.03%. Banchile […]

Quiñenco reported net income of Ch$36,636 million in the first quarter of 2018

  This figure is 17% lower than that of the same period in the previous year, mainly due to lower results at Quiñenco’s corporate level, and decreased earnings at Enex. As of March this year, the highlights were the 21.8% growth of CCU’s profits and the positive trends of Banco de Chile, SM SAAM and […]

“We intend that our diversification and international expansion will allow us to achieve a 50% presence abroad in the long run”

  At the Shareholders’ Meeting Pérez Mackenna highlighted the results of Quiñenco and its subsidiaries in 2017, and stated that the purpose of internationalizing and diversifying investments is a “fundamental pillar of our development strategy”.    Santiago, April 27, 2018. Francisco Pérez Mackenna, the Company’s Chief Executive Officer, reviewed the main milestones of Quiñenco and its […]

Quiñenco’s Profit amounted to Ch$108,740 million in 2017, a year characterized by growth in international business

Significant progress in the investment in Hapag-Lloyd was achieved during this period, with the company showing positive results, while the French company Nexans doubled its profits. CCU and SM SAAM’s international businesses were also noteworthy and, at a local level, Banco de Chile’s performance. Although the profits in this period show a 39% decrease as […]

Quiñenco Subsidiary will establish an Office in London for the development of International Businesses

  As material information, Invexans announced the incorporation of a new company in the British capital, particularly devoted to the analysis, performance and follow-up of international investments. Invexans also announced its financial statements as of December 31, 2017, with a net profit of US$36 million, significantly exceeding the figure of the previous year.   Santiago, […]

Quiñenco reports results as of September 2017

QUIÑENCO’S NET INCOME AMOUNTS TO Ch$65,456 MILLION AS OF SEPTEMBER 2017 During the first nine months of the year, the growth in results of the operating companies Nexans, Banco de Chile, CCU and SM SAAM was particularly noteworthy. The negative accounting impact on CSAV of its dilution in Hapag-Lloyd after the merger with UASC was reflected […]

Quiñenco’s net income amounts to Ch$ 33,370 million during the first semester 2017

  Growth in the results of the operating companies Banco de Chile, Nexans, CCU and SM SAAM stands out during the period. Quiñenco’s profits decreased 51% as compared to the same period of the previous year, explained by the accounting impact on CSAV of its dilution in Hapag-Lloyd after the merger with UASC. Santiago, September […]

Quiñenco’s Net income increased 39.7% during the first quarter of 2017

  Most of the Group’s companies reported positive results during the period, particularly Enex, Banco de Chile, CCU and CSAV.   Santiago, May 29, 2017. Quiñenco recorded net income of Ch$44,240 million for the first quarter 2017, representing a 39.7% increase as compared to the previous year. This growth is mainly explained by the positive results […]

“We must have closer contact with people”

Andrónico Luksic Craig: At the Shareholders’ Meeting, Quiñenco’s Chairman of the Board of Directors explained that the good results achieved in 2016 resulted from “growth in our profits thanks to our diversification worldwide, mainly Nexans’ contribution, after almost five years without receiving dividends from this investment”. Andrónico Luksic also reflected on the climate of distrust […]

Quiñenco’s income increased 83% in 2016 driven by the recovery of multinational Nexans

Net income reached Ch$176,902 million. Santiago, March 30, 2017. Quiñenco reported net income of Ch$176,902 million in 2016, representing an 83% increase as compared to the previous year. This growth is mainly explained by the positive result of the French multinational, Nexans, of which Quiñenco is a reference shareholder, with a 29.05% indirect ownership. The new […]

QUIÑENCO COLOCA BONOS EN EL MERCADO LOCAL POR UN TOTAL DE UF 5 MILLONES

La operación tuvo una demanda de 2,1 veces la oferta. Destacó principalmente el interés de inversionistas institucionales. La serie se colocó a una tasa de 3,14% con vencimiento a 28 años y un spread de 120 puntos. Santiago, 14 de diciembre de 2016. Con gran éxito concretó Quiñenco este miércoles la colocación de bonos en […]

QUIÑENCO OBTUVO UNA GANANCIA NETA DE $103.300 MILLONES EN LOS PRIMEROS NUEVE MESES DE 2016

Resultado representa una disminución de 14%, que se explica fundamentalmente por las adversas condiciones de la industria naviera, que repercutieron en Hapag-Lloyd y CSAV. Destacaron los desempeños de Nexans, Techpack, Banco de Chile, SM SAAM y Enex. Santiago, 28 de noviembre de 2016. Quiñenco registró una ganancia neta de $103.300 millones en los primeros nueve […]

QUIÑENCO DECLARA EXITOSA OPA POR TECHPACK

Tras el cierre de la OPA anunciada el 27 de septiembre, la matriz industrial del Grupo Luksic adquirió un 33,06%, con lo cual pasó a controlar directa e indirectamente el 98,98% de la propiedad de la compañía. El gerente general de la compañía, Francisco Pérez Mackenna, expresó que el buen resultado de la OPA refleja […]

Gerente General de Quiñenco: “La OPA por Tech Pack pretende ofrecer alternativas a los accionistas minoritarios”

Francisco Pérez Mackenna explicó que con la Oferta Pública de Adquisición de Acciones “los accionistas minoritarios de Tech Pack pueden ahora hacer efectiva la rentabilidad obtenida tras la venta de Alusa en abril pasado, o bien seguir acompañándonos en las inversiones que hagamos en el futuro”. Respecto del precio por acción, agregó que se trata […]

QUIÑENCO OBTUVO UNA GANANCIA NETA DE $68.514 MILLONES EN PRIMER SEMESTRE DE 2016

Resultado representa una disminución de 23,4%, que se explica fundamentalmente por las adversas condiciones de la industria naviera, que repercutieron en Hapag-Lloyd y CSAV. En un complejo escenario económico nacional y mundial, destacaron los desempeños de Nexans y Techpack en el semestre, en tanto que Banco de Chile y Enex mantuvieron una sólida posición. Santiago, […]

QUIÑENCO REALIZA EXITOSA COLOCACIÓN DE BONOS POR UF 5.000.000

La operación obtuvo una demanda de 1,7 veces el total de la colocación y una tasa de 3,19%, la mejor lograda por un bono corporativo de este monto desde 2010. El gerente de Administración y Finanzas de la compañía, Luis Fernando Antúnez, aseguró que el resultado “refleja una vez más la confianza que el mercado […]

QUIÑENCO OBTUVO UNA GANANCIA NETA DE $31.661 MILLONES EN EL PRIMER TRIMESTRE DE 2016

Resultado es inferior al reportado a marzo del 2015, por las condiciones adversas de la industria naviera. Mientras, en el período destacan el desempeño de los sectores bancario, cervezas y bebidas, manufacturero y de servicios portuarios. Santiago, 27 de mayo de 2016. Quiñenco registró una ganancia neta de $31.661 millones en el primer trimestre de […]

PRESIDENTE DE QUIÑENCO HACE UN LLAMADO A MEJORAR LA CONVIVENCIA Y “DEJAR DE LADO LAS INJURIAS Y LAS DESCALIFICACIONES”

  En el marco de la Junta de Accionistas de la compañía, Andrónico Luksic, aseguró que “todos los chilenos debemos y merecemos respeto”, dijo que los insultos sólo provocan destrucción y se alejan del espíritu constructivo que requiere hoy el país. El gerente general de Quiñenco, Francisco Pérez Mackenna, destacó que los positivos resultados alcanzados […]

En 2015: QUIÑENCO OBTUVO UNA GANANCIA NETA DE $96.620 MILLONES

  El resultado es similar al del año anterior si se descuenta el efecto no recurrente obtenido en 2014, tras la fusión del negocio de portacontenedores de Compañía Sudamericana de Vapores con Hapag-Lloyd. El gerente general de Quiñenco, Francisco Pérez Mackenna, dijo que el desempeño de la empresa muestra que se “ha seguido fiel a […]

Un 2,3% superior a igual período de 2014: Quiñenco obtuvo ganancia neta de $120.071 millones a septiembre de 2015

  Mejor resultado se explica principalmente por el buen desempeño de CSAV, tras el profundo proceso de reestructuración iniciado con el ingreso de Quiñenco a su propiedad en 2011 y las primeras sinergias de la fusión con Hapag-Lloyd, concretada en diciembre pasado. Santiago, 26 de noviembre de 2015. Quiñenco registró una ganancia neta de $120.071 […]

Quiñenco obtuvo una ganancia neta de $63.136 millones en el primer trimestre de 2015, aumentando un 72%

  El mejor resultado se explica fundamentalmente por el aporte de CSAV, que revirtió las pérdidas de igual período del año anterior, debido al buen desempeño de Hapag-Lloyd, marcado por las primeras sinergias de la fusión. También contribuyeron los resultados de Banco de Chile, CCU, Enex y SM SAAM. Santiago, 29 de mayo de 2015. […]

Presidente de Quiñenco: “Con optimismo y responsabilidad, debemos aportar con visiones más constructivas para el progreso del país”.

  Andrónico Luksic encabezó por primera vez la Junta de Accionistas desde que asumió la presidencia del holding en 2013, destacando que “mantendremos los esfuerzos para que nuestras compañías y nuestras propias actitudes sigan fieles a nuestros valores y principios, y no den pie a ninguna otra clase de interpretación”. Sobre los plantes de la […]

Quiñenco propone distribuir un dividendo definitivo de $72,01 por acción

06 de abril de 2015 – Santiago, Chile. Quiñenco S.A. informó hoy que su Directorio acordó proponer una distribución de dividendo definitivo de $119.731.311.041, equivalente a $72,00759 por acción. La propuesta se presentará a la Junta Ordinaria de Accionistas, que se celebrará a fines de abril de 2015. Durante la reunión celebrada el 2 de […]

Quiñenco obtuvo una ganancia neta de $342.089 millones en 2014, 174% superior a la del año anterior

  El incremento refleja fundamentalmente el resultado de la fusión del negocio de portacontenedores de CSAV y Hapag-Lloyd, después de un profundo proceso de reestructuración de la naviera chilena. Durante el período destacaron también los buenos resultados de Banco de Chile y Enex. Santiago, 30 de marzo de 2015. Quiñenco registró una ganancia neta de […]

Quiñenco declara exitosa OPA por Invexans

  El holding informó que recibió órdenes de venta por 4.008.842.930 acciones de Invexans, representativas del 17,88% del capital accionario. De esta manera, Quiñenco pasará del 80,45% al 98,33% de la propiedad de Invexans. Santiago, 16 de enero de 2015. Quiñenco declaró exitosa la Oferta Pública de Adquisición de Acciones, efectuada por el 19,55% de […]

Quiñenco busca potenciar operaciones de empresas filiales con nuevo rol de ejecutivos

  Luego de crear tres nuevas gerencias en 2014, el directorio del holding definió hoy nuevas funciones para dos de sus ejecutivos principales, Felipe Joannon y Martín Rodríguez, quienes focalizarán desde ahora su trabajo en filiales del holding. Joannon se dedicará 100% a sus labores como presidente de SAAM y Techpack, y Rodríguez se incorporará […]

Quiñenco Obtiene Ganancia Neta por $122.668 millones

A septiembre de 2014: Quiñenco Obtiene Ganancia Neta por $122.668 millones Resultado muestra un incremento de 18% en relación a los primeros nueve meses del año pasado y se explica principalmente por los buenos desempeños de Enex y Banco de Chile. Santiago, 28 de noviembre de 2014. Quiñenco anunció hoy resultados por $122.668 millones a […]

Quiñenco Obtiene Utilidades por $58.240 millones

En el primer semestre de 2014 Quiñenco Obtiene Utilidades por $58.240 millones En el período destacan el desempeño de Banco de Chile, Enex y Nexans, que revirtió sus pérdidas y obtuvo ganancias por 25 millones de euros. La ganancia neta del holding fue 22% menor comparada con la del primer semestre de 2013, principalmente por los […]

Quiñenco obtuvo una ganancia neta de $36.625 millones en el primer trimestre de 2014

  Utilidades responden a los buenos resultados de la mayoría de las empresas filiales del grupo durante el período, y no incluyen una ganancia de $86.117 millones que se reflejó como un incremento patrimonial del holding, por la venta de acciones de Banco de Chile por parte de LQIF. Santiago, 30 de mayo de 2014. […]

Vicepresidente de Quiñenco hace llamado al diálogo y a la responsabilidad en la discusión de reformas en el país

  En el marco de la junta de accionistas del holding, Jean-Paul Luksic destacó la fortaleza y el avance registrado por Chile durante las últimas décadas y pidió “que se respete la disposición manifestada por la Presidenta de la República, en orden a someter a discusión las inquietudes respecto del proyecto de reforma tributaria, acogiendo […]

QUIÑENCO PROPONE DISTRIBUIR UN DIVIDENDO DEFINITIVO DE $45,05 POR ACCION

04 de abril de 2014 – Santiago, Chile. Quiñenco S.A. informó hoy que su Directorio acordó proponer una distribución de dividendo definitivo de $74.904.293.442, equivalente a $45,04818 por acción. La propuesta se presentará a la Junta Ordinaria de Accionistas, que se celebrará a fines de abril de 2014. Durante la reunión celebrada el 3 de […]

Quiñenco integra nuevos profesionales a su plana ejecutiva

  Junto con la designación de Rodrigo Hinzpeter como nuevo gerente Legal y de Davor Domitrovic como abogado jefe de Quiñenco, el directorio de compañía aprobó la creación de tres nuevas gerencias para potenciar sus competencias ejecutivas. En un contexto donde la sustentabilidad, el medioambiente y las relaciones con el entorno adquieren más importancia, el […]

Quiñenco obtuvo una ganancia neta de $124.841 millones en 2013

SM SAAM, Madeco, CCU y las empresas del segmento financiero aumentaron su aporte a los resultados consolidados, basados en su crecimiento operacional. Destaca particularmente el segmento financiero cuya contribución al holding se elevó en 14% respecto de la registrada en 2012. Enex triplicó su resultado operacional, reflejando la incorporación de Terpel Chile en el segundo […]

Quiñenco proposes final dividend distribution of Ch$51.93 per share

April 5, 2013 – Santiago, Chile. Quiñenco S.A. reported today that its Board of Directors has proposed a final dividend distribution of Ch$69,821,288,484 equivalent to Ch$51.92804 per share. The proposal will be put forth at the Company’s Ordinary Shareholders Meeting to be held at the end of April 2013. At the Board of Directors’ meeting, […]

Quiñenco proposes final dividend distribution pf Ch$32.71 per share

Quiñenco S.A. reported today that its Board of Directors has proposed a final dividend distribution of Ch$43,982,927,308 equivalent to Ch$32.71133 per share. The proposal will be put forth at the Company‘s Ordinary Shareholders Meeting to be held at the end of April 2012. At the Board of Directors‘ meeting, which was held on April 5, […]

Quiñenco proposes final dividend distribution of Ch$95.04 per share

April 9, 2010 – Santiago, Chile. Quiñenco S.A. reported today that its Board of Directors has proposed a final dividend distribution of Ch$108,780,351,255 equivalent to Ch$95.03972 per share. The proposal will be put forth at the Company’s Ordinary Shareholders Meeting to be held at the end of April 2010. At the Board of Directors’ meeting, […]

Quiñenco proposes final dividend distribution of Ch$61.00 per share

March 6, 2009 – Santiago, Chile. Quiñenco S.A. reported today that its Board of Directors has agreed to propose a final dividend distribution of Ch$69,819,244,275 equivalent to Ch$61.00 per share. The proposal will be put forth at the Company’s General Ordinary Shareholders Meeting to be held at the end of April 2009. At the Board […]

Quiñenco announces extraordinary shareholders’ meeting to decide on capital increase

On April 10, 2007, Quiñenco announced an extraordinary shareholders’ meeting to be held on April 27, 2007 in order to propose a capital increase of Ch$55,000 million. Likewise, on April 12, 2007, Quiñenco’s subsidiary, Banco de Chile, announced that its Board of Directors had called an extraordinary shareholders’ meeting for May 17, 2007 in order […]

Quiñenco files form 15 with the Securities and Exchange Commission to suspend reporting requirements

April 2, 2007 – Santiago, Chile. Quiñenco S.A. (LQ:NYSE) reported today to the Chilean Superintendency of Securities and Insurance (SVS) that it had filed Form 15 with the Securities and Exchange Commission (SEC) of the United States. As a result, all reporting obligations with the SEC are immediately suspended by virtue of the company having […]

Quiñenco proposes final dividend distribution of Ch$15.85 pesos per share

March 2, 2007 – Santiago, Chile. Quiñenco S.A. (LQ:NYSE) reported today that its Board of Directors has proposed a final dividend distribution of Ch$17,112,886,891, equivalent to Ch$15.84908 per share. The proposal will be put forth at the Company’s General Ordinary Shareholders Meeting to be held at the end of April 2007. At the Board of […]

Quiñenco reports significant information to the Chilean Superintendency of Securities and Insurance

January 11, 2007 – Santiago, Chile. Quiñenco S.A. (LQ:NYSE) reported today the following significant information to the Chilean Superintendency of Securities and Insurance (SVS): With respect to the conversations held between Quiñenco and Citigroup, which sought to establish a strategic association of their respective financial businesses and were earlier reported on December 22, 2006 to […]

Quiñenco announces final schedule for the termination of its ADR program in the United States

December 28, 2006 – Santiago, Chile. Quiñenco S.A. (LQ:NYSE). As previously announced on November 16, 2006, Quiñenco’s Board of Directors at its meeting on November 16, 2006 resolved to terminate Quiñenco’s ADR program with The Bank of New York, as depositary, delist its ADSs from the New York Stock Exchange (NYSE) and eventually pursue deregistration […]

Quiñenco reports significant information to the Chilean Superintendency of Securities and Insurance

December 22, 2006 – Santiago, Chile. Quiñenco S.A. (LQ:NYSE) reported today the following significant information to the Chilean Superintendency of Securities and Insurance (SVS) : In accordance with its investment policy of continuously seeking new business opportunities, Quiñenco has held conversations with Citigroup aimed at identifying projects in the financial services field which may be […]

Quiñenco announces the termination of its ADR program in the United States

November 16, 2006 – Santiago, Chile. Quiñenco S.A. (LQ:NYSE) announced that its Board of Directors at its meeting today resolved to terminate Quiñenco’s ADR program with the Bank of New York, as depositary, delist its ADSs from the New York Stock Exchange (NYSE) and eventually pursue deregistration with the Securities and Exchange Commission (SEC). It […]

Quiñenco proposes final dividend distribution of Ch$14.45 pesos per share

March 3, 2006 – Santiago, Chile. Quiñenco S.A. (LQ:NYSE) reported today that its Board of Directors has proposed a final dividend distribution of Ch$15,600,009,080, equivalent to Ch$14.44793 pesos per share. The proposal will be put forth at the Company’s General Ordinary Shareholders Meeting to be held at the end of April 2006. At the Board […]

Quiñenco reports significant information to the SVS

September 2, 2005 – Santiago, Chile. Quiñenco S.A. (LQ:NYSE) reported the following information today to the Chilean Superintendency of Securities and Insurance (SVS): 1) Quiñenco’s Board of Directors have signed a commitment letter with Deutsche Bank whereby Deutsche Bank will subscribe to 50% of the preferential rights that correspond to Quiñenco’s interest in the future […]

Quiñenco reaches agreement with Cencosud

March 16, 2005 – Santiago, Chile. Quiñenco S.A. (LQ:NYSE) reported to the Chilean Superintendency of Securities and Insurance (SVS) the following significant information today: Inversiones Río Azul S.A. (“Río Azul”), a wholly-owned subsidiary of Quiñenco and Consorcio Financiero S.A. (“Concorcio Financiero”) have made a positive evaluation of the new conditions of the tender offer (“the […]

Quiñenco proposes final dividend distribution of Ch$12.98 pesos per share

March 16, 2005 – Santiago, Chile. Quiñenco S.A. (LQ:NYSE) reported today that its Board of Directors has proposed a final dividend distribution of Ch$14,011,625,044, equivalent to Ch$12.97685 pesos per share. The proposal will be put forth at the Company’s General Ordinary Shareholders Meeting to be held on April 29, 2005. At the Board of Directors’ […]

Quiñenco, Consorcio Financiero and Parque Arauco launch tender offer for 27.3% of Almacenes París

March 7, 2005- Santiago, Chile. Quiñenco S.A. (LQ:NYSE) reported to the Chilean Superintendency of Securities and Insurance (SVS) today that Quiñenco S.A, through its subsidiary, Inversiones Río Azul S.A., Consorcio Financiero S.A. and Parque Arauco S.A, (together the Offerers), are launching a tender offer for 27.3% of the outstanding shares of Almacenes Paris, one of […]

Extraordinary shareholders’ meeting held on November 5, 2004

November 5, 2004- Santiago, Chile. Quiñenco S.A. (LQ:NYSE) reported to the Chilean Superintendency of Securities and Insurance (SVS) today on the outcome of its Extraordinary Shareholders’ Meeting held earlier in the day. Shareholders voted to reduce the number of board members of the company from nine to seven. Since this required a modification of the […]

Quiñenco to hold extraordinary shareholders’ meeting

October 12 2004- Santiago, Chile. Quiñenco S.A. (LQ:NYSE) reported to the Chilean Superintendency of Securities and Insurance (SVS) today that the Board of Directors have called an extraordinary shareholders’ meeting for November 5, 2004. The purpose of the shareholders’ meeting will be to reduce the number of directors of the company from the present nine […]

Quiñenco completes purchase of 11.41% of almacenes Paris

October 5, 2004- Santiago, Chile. Quiñenco S.A. (LQ:NYSE) reported to the Chilean Superintendency of Securities and Insurance (SVS) today that it had completed the acquisition of 68,489,407 shares of Almacenes Paris, one of Chile’s largest retail department store chains. Quiñenco and its wholly-owned subsidiary, Inversiones Rio Azul S.A., acquired 100% of Nahuel S.A., direct owner […]

Quiñenco announces creation of RÍo Azul S.A.

September 7, 2004- Santiago, Chile. Quiñenco S.A. (LQ:NYSE) reported to the Chilean Superintendency of Securities and Insurance (SVS) today that its Board of Directors had approved the creation of a wholly-owned subsidiary, Río Azul S.A. Initial capital of Río Azul S.A. will be Ch$2 bln (equivalent to approximately US$3.2 mln). Quiñenco, in its communication to […]

Quiñenco announces purchase of 11.41% of Almacenes Paris

August 18, 2004- Santiago, Chile. Quiñenco S.A. (LQ:NYSE) reported to the Chilean Superintendency of Securities and Insurance (SVS) today that it had entered into an agreement to purchase 68,489,407 shares of Almacenes Paris, one of Chile’s largest retail department store chains. The shares, which are traded on the Santiago Stock Exchange (Paris), are being acquired […]

Quiñenco proposes final dividend distribution of Ch$6.21 pesos per share

March 26, 2004 – Santiago, Chile. Quiñenco S.A. (LQ:NYSE) reported today that its Board of Directors has proposed a final dividend distribution of Ch$6,703,101,992, equivalent to Ch$6.20807 pesos per share. The proposal will be put forth at the Company’s General Ordinary Shareholders Meeting to be held on April 30, 2004. At the Board of Directors […]

Quiñenco to pay interim dividend of Ch$11.24745 per share

December 23, 2003 – Santiago, Chile. The Board of Directors of Quiñenco S.A.. (LQ:NYSE) approved on December 22, 2003, the distribution of an interim dividend of Ch$11.24745 per share (Ch$112.4745 per ADR). The total dividend distribution which amounts to Ch$12,144,322,552, will be charged against 2003 net earnings and is equivalent to 30% of net earnings […]

Quiñenco announces that its subsidiary Empresas Lucchetti reached agreement to sell Lucchetti Chile

December 22, 2003 – Santiago, Chile. Quiñenco S.A. (LQ:NYSE) announced today that its 93.7% -owned subsidiary, Empresas Lucchetti S.A., had signed a Memorandum of Understanding (MOU) with Corpora Tresmontes S.A. to sell 100% of its outstanding shares in Lucchetti Chile S.A. The transaction includes the sale of Lucchetti Chile’s ongoing businesses as well as other […]

Quiñenco to host Quiñenco group day at the New York Stock Exchange

October 7, 2003 – Santiago, Chile. Quiñenco S.A. (LQ:NYSE) announced that on October 16, 2003, it will host “Quiñenco Group Day at the New York Stock Exchange”. The event will feature presentations from several group companies including: . Quiñenco S.A. (NYSE: LQ) Francisco Pérez Mackenna, Chief Executive Officer . Banco de Chile (NYSE: BCH) Pablo […]

Quiñenco appoints Bank of New York as sucessor depositary banck for its ADR

August 19, 2003 – Santiago, Chile.  Quiñenco S.A. (LQ:NYSE) announced the appointment of Bank of New York as successor to Citibank N.A. for its sponsored ADR program, effective today. The transfer of depositaries will be carried out without any interruption to the holders of Quiñenco’s ADRs. Quiñenco S.A., a leading Chilean business conglomerate, is the […]

Heineken enters into partnership with Quiñenco in IRSA, the controlling entity of CCU

April 21, 2003 – Santiago, Chile. Quiñenco S.A. (LQ:NYSE) informed the Superintendency of Securities and Insurance (SVS) on Thursday, April 17 (by fax after trading hours) that the Schorghuber Group has given Quiñenco formal notice of the sale of its shares in FHI Finance Holding International B.V. to Heineken Americas B.V., a subsidiary of Heineken […]

Quiñenco obtains related company financing

April 10, 2003 – Santiago, Chile. Quiñenco S.A. (LQ:NYSE) informed the Superintendency of Securities and Insurance (SVS) today that its wholly-owned subsidiary, Hidroindustriales Overseas Company, had obtained a US$19 million loan from Andsberg Finance Corporation Ltd., a financial entity organized under the laws of Bermuda, related to Quiñenco’s controlling shareholder, Mr. Andrónico Luksic Abaroa. The […]

Quiñenco reports significant information with respect to its investment in CCU

January 14, 2003 – Santiago, Chile. Quiñenco S.A. (LQ:NYSE) reported today to the Chilean Superintendency of Securities and Insurance (SVS) the following significant information with respect to its investment in CCU: On January 13, 2003, Quiñenco and its joint venture partner in Inversiones y Rentas (IRSA), the Schorghuber Group, agreed to put an end to […]

Quiñenco reports effect of Latin American investments on its financial results as of September 30, 2002

October 24, 2002 – Santiago, Chile. Quiñenco S.A. (LQ:NYSE) reported today to the Chilean Superintendency of Securities and Insurance (SVS) the effect its (indirect) investments in Latin American have had on the Company’s financial results for the nine months ended September 30, 2002. Quiñenco, as a holding company, is exposed to the economies of Argentina, […]

Quiñenco prepays obligation with ex-controlling shareholders of Banco de Chile

June 3, 2002 – Santiago, Chile. Quiñenco S.A. (LQ:NYSE) informed today that its wholly-owned subsidiary, LQIF, had prepaid a two-year note granted by the ex – controlling shareholders of Banco de Chile, originally scheduled to become due in March of 2003. The obligation, which was incurred as part of the financing of Banco de Chile […]

Quiñenco obtains related company financing

May 29, 2002 – Santiago, Chile Quiñenco S.A. (LQ:NYSE) informed the Superintendency of Securities and Insurance today that its wholly-owned subsidiary, LQIF, had obtained a US$70 million loan from a company related to the Luksic Group, Quiñenco’s controlling shareholders. The loan, which was carried out at arms’ length and is in line with current market […]

Quiñenco to disttribute dividend of Ch$5.75 pesos per share

May 3, 2002 – Santiago, Chile. Quiñenco S.A. (LQ:NYSE) will pay a dividend of Ch$5.74560 per share corresponding to the distribution of 2001 net income, on or after May 9, 2002 to shareholders on record as of May 3, 2002. The dividend, which was approved at the Annual Shareholders’ Meeting held on April 30, 2002, […]

Quiñenco proposes dividend distribution of Ch$5.75 pesos per share

March 21, 2002 – Santiago, Chile. Quiñenco S.A. (LQ:NYSE) reported today that its Board of Directors has proposed a dividend per share of Ch$5.75 pesos, equivalent to 40% of 2001 net profit. The proposal will be put forth at the Company’s General Ordinary Shareholders Meeting to be held in April 2002. At the Board of […]

Quiñenco reports effects of Argentine crisis on its financial results as of December 31, 2001

March 13, 2002 – Santiago, Chile. Quiñenco S.A. (LQ:NYSE) reported today to the Chilean Superintendency of Securities and Insurance (SVS) the effects of the Argentine crisis on its financial results as of December 31, 2001. Quiñenco, as a holding company, is exposed to the continuing economic crisis and currency devaluation in Argentina through its 56.1%-owned […]

Quiñenco reports significant information concerning interest in CCU

December 19, 2001 – Santiago, Chile. Quiñenco S.A. (LQ:NYSE) filed today with the Chilean Superintendency of Securities and Insurance (Superintendencia de Valores y Seguros) the following report of a material development with respect to its interest in Compañía Cervecerías Unidas S.A. (CCU): On June 8, 2001, Quiñenco informed Chilean regulatory authorities that it had initiated […]

Quiñenco disvests interest in Croatian tourist resort

August 20, 2001 – Santiago, Chile. Quiñenco S.A. (LQ:NYSE) announced today that it was divesting its 39% interest in Plava Laguna, a tourist resort located on the Adriatic coast in Croatia, for US$29.6 million. Quiñenco’s stake in Plava Laguna was sold to Sutivan Investments Limited, a Luksic family company. The pretax gain on sale is […]

Banco Edwards and Banco de Chile Announce Intention to Merge

August 8, 2001 – Santiago, Chile. Quiñenco S.A. (LQ:NYSE) reported that its subsidiaries, Banco de Chile and Banco de A. Edwards, intend to merge operations, subject to obtaining the necessary approvals by the local banking authorities and the shareholders of each institution. The proposal to merge the banks was made by the banks’ respective Board […]

Quiñenco Announces Partial Sale of Entel S.A. Shares

August 1, 2001 – Santiago, Chile. Quiñenco S.A. (LQ:NYSE) announced that its subsidiary Inversiones Hidrosur S.A. has sold 9,460,948 shares of its interest in Empresa Nacional de Telecomunicaciones S.A. (“ENTEL”) for Ch$4,800 per share, or a total of US$67.9 million. As a result of this transaction, Quiñenco S.A. will recognize a gross profit of approximately […]

Quiñenco Initiates Legal Action In Connection With Its Interest In CCU

June 8, 2001 – Santiago, Chile. Quiñenco S.A. (LQ:NYSE) announced that it had initiated legal action against its joint venture partner in Inversiones y Rentas, the investment company which holds over 61% of the property of CCU. This action is in response to the entrance of Heineken into the property of IRSA, announced in February […]

Quiñenco Announces Partial Sale of Entel S.A. Shares

May 18, 2001 – Santiago, Chile. Quiñenco S.A. (LQ:NYSE) announced that its subsidiary Inversiones Hidrosur Limitada has sold 9,460,000 shares of its interest in Empresa Nacional de Telecomunicaciones S.A. (“ENTEL”) for Ch$4,500 per share, or a total of US$70.9 million. As a result of this transaction, Quiñenco S.A. will recognize a gross profit of Ch$25,000 […]

Quiñenco Completes Banco de Chile Share Acquisition

Quiñenco Finaliza Adquisición de Acciones del Banco de Chile

Quiñenco Successfully Completes Tender Offer To Acquire 5% of SM Chile Shares

Quiñenco Opposes Joint Venture Between Paulaner and Heineken

February 23, 2001 – Santiago, Chile. Quiñenco S.A. (LQ:NYSE) announced that it unequivocably opposes any joint venture between Bayerische Brau Holding AG (Paulaner) and Heineken N.V. that would result in Heineken’s ownership in CCU through Inversiones y Rentas S.A.. Inversiones y Rentas S.A. is the holding vehicle, held 50% by Quiñenco and 50% by Paulaner, […]

Quiñenco’s Subsidiary Lucchetti Divests Its Argentine Operations

February 14, 2001 – Santiago, Chile. Quiñenco S.A. (LQ:NYSE) announced that its 87%- owned subsidiary, Empresas Lucchetti S.A., signed an agreement with Molinos Rio de la Plata S.A. to sell its Argentine-based operations for approximately US$44.7 million. The transaction is subject to approval by the Argentine anti-trust authorities. Proceeds from the sale will be used […]

Quiñenco Announces Tender Offer for 5% of SM Chile

Quiñenco Signs Purchase Agreement with Shareholder Pact and Sets Deadline For Closing Date To Finalize Banco De Chile Share Acquisition

Quiñenco Signs Agreement to Acquire Control of Banco de Chile

December 15, 2000 – Santiago, Chile. Quiñenco S.A. (LQ: NYSE), a leading Chilean business conglomerate, signed an agreement last night to acquire a controlling interest in Banco de Chile, one of the country’s largest and most respected financial institutions for US$541 million. The agreement was reached between Quiñenco and Banco de Chile’s controlling shareholder pact, […]

Quiñenco Responds to Inquiries on its Position in Banco de Chile

December 6, 2000 – Santiago, Chile. Quiñenco S.A. (LQ:NYSE) responded today to inquiries made by the Chilean Superintendency of Securities and Insurance as to whether or not it is contemplating increasing its current 12.3% stake in Banco de Chile. The inquiry followed the abrupt increase in Banco de Chile’s and SM Chile’s stock price Monday. […]

Quiñenco S.A. Completes Tender Offer in Croatia

Quiñenco S.A. Announces Dividend Proposal

Quiñenco S.A. Announces the Incorporation of a New Subsidiary

Quiñenco S.A. Makes Investment in Croatia

Quinenco S.A. Agrees to Purchase Additional 5.9% Stake in Entel S.A.

Quiñenco S.A. Subscribes to Banco Edwards Capital Increase

Quiñenco S.A. to Purchase 9.6% Stake in VTR S.A. from Madeco S.A.

Quiñenco Purchases 8% Stake in Banco de Chile

Quiñenco Raises Stake in Banco de A. Edwards S.A. to 51%

Quiñenco Formalizes Acquisition of 38.98% Stake of Banco de A. Edwards S.A.

Quiñenco Acquires Control of Banco de A. Edwards S.A.

Quiñenco Completes Buyout of SBC’S Interest in VTR S.A.

Quiñenco Names Carlos Vicuña as Advisor to Board and Appoints New CEO at Madeco

Quiñenco Ends Tender Offer for Banco Santiago with No Shares Being Purchased

Quiñenco Announces Completion of OHCH Divestiture

Quiñenco Announces Divestiture of VTR Hipercable

Quiñenco Makes Announcement Regarding its Investment in O’Higgins Central Hispanoamericano S.A

Quiñenco S.A. Announces Purchase of Shares of Entel S.A.

Quiñenco S.A. Proposes Dividend in Connection with 1998 Net Earnings

Quiñenco Announces Appointment of New Executives and New Organizational Structure

Quiñenco Reports Notice of Essential Fact Regarding its Investment in the Banking Sector