Barros & Errázuriz’s advice to Red Megacentro S.A. concrete the income of a new shareholder

November 24, 2018

The operation involved the entry of Inversiones Siemel S.A. as a shareholder of the Red Megacentro S.A. through the subscription of 155,222,672 of the shares issued on the occasion of the capital increase agreed by the latter, on november 15.

The transaction was completed on monday, november 19 with the signing of the corresponding share subscription agreement, under which Inversiones Siemel S.A. paid $ 82,477,590,000 pesos (US $ 123 million), acquiring a percentage of participation of approximately 23.44% of the company Red Megacentro S.A. and contributing new resources to enhance the

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