Banco Itaú Chile entered intro an agreement to acquire Multicaja S.A. from Sonda S.A., Etcheberry Asesoría y Negocios SpA, Inversiones Inder Spa and Javier Etcheberry Celhay for CLP 40 billion.
Banco Itaú Chile (SNSE:ITAUCL) entered intro a Share Purchase Agreement to acquire Multicaja S.A. from Sonda S.A. (SNSE:SONDA), Etcheberry Asesoría y Negocios SpA, Inversiones Inder Spa and Javier Etcheberry Celhay for CLP 40 billion on December 16, 2025. The purchase price is subject to customary adjustments.
Closing is subject to customary closing conditions, as well as to the approvals of the Comisión para el Mercado Financiero (CMF) and the merger control review process before Fiscalía Nacional Económica (FNE).
Banco Itau Chile is a Chile-based financial institution (the Bank) engaged in the banking sector. The Bank operates in seven segments: Large, Corporate and Real Estate Companies, which includes companies that belong to major economic groups and specific industries; Companies, which includes leasing, factoring and other financial services for business customers; Traditional and Private Banking, which offers checking accounts, consumer loans, credit cards and mortgage loans; Lower Income Retail Banking, corresponding to operations of Banco Condell, which offers consumer loans, credit cards and mortgage loans; Treasury and International, which comprises treasury activities, such as financial management and funding; Non-Banking Financial Services, which provides services rendered by its subsidiaries, including insurance brokerage, financial advisory and securities brokerage, and Colombia, which includes commercial and retail banking services provided by CorpBanca Colombia and Helm Bank.
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Banco Itaú Chile entered intro an agreement to acquire Multicaja S.A. from Sonda S.A., Etcheberry Asesoría y Negocios SpA, Inversiones Inder Spa and Javier Etcheberry Celhay for CLP 40 billion.