Anglo Buys Exxon’s Chilean Copper Mines Anglo American, the world’s largest precious-metals mining company, is spending $1.3 billion in cash to buy two Chilean copper mines from Exxon Mobil Corp. […]
Category: Chile
Business & Banking
SCH Merges Its Chilean Banks In April, Spain’s Santander Central Hispano secured full control of Banco Santiago and announced plans to merge it with Banco Santander Chile, its other Chilean […]
Chile Makes a Statement
With its $650 million bond issue in October, the Chilean government sought to differentiate itself from other emerging market borrowers. In doing so, it became somewhat of an exception in the region.
MarketWatch
Virtue is Its Own Reward Transparency International, the Berlin-based anti-corruption group, has unveiled its annual rankings of the world’s cleanest countries. Chile is again the least corrupt country in Latin […]
Getting Back To High Growth
Growth estimates for Chile this year range from 4.5% to 5.5%, close to its performance last year but considerably off the 8% annual growth the country registered between 1987 and […]
Keeping Chile Proud, and Profitable
At his second go-around as head of the Chilean state-owned mining company Codelco, Juan Villarzú is promising to double the company’s value, but he still must contend with vocal, local critics.
Looking Locally for Investors
Never before has a Latin sovereign issued debt denominated in another Latin American currency. Uruguay’s highly successful Chilean-peso bond gave it a new investor base and put the region?s local capital markets in the spotlight.
Unshackling Minority Investors
Chile’s new corporate governance law offers a regional blueprint for protecting minority shareholder rights. But a controversial provision gives companies three years to avoid the law?s real teeth.
Santander Chile is Active and Agile
Banco Santander Chile has defied the recession that has dragged on in that country for 18 months, squeezing impressive earnings out of its operations and managing them highly efficiently, even […]
Chilean Tycoon Goes Online
The Chilean magnate Ricardo Claro is planning to extend his business empire onto the Internet. Claro wants to convert his media company into an Internet provider, and possibly make it […]
