Invercap S.A. (SNSE:INVERCAP) acquired an additional 6.8% minority stake in CAP S.A. (SNSE:CAP) from M.C. Inversiones Limitada for approximately $110 million on February 13, 2021. Invercap S.A. acquired 10.1 million shares. Post completion, Invercap S.A. holds 41.7% stake in CAP S.A. Mitsubishi retains a 12.5% stake in CAP. The transaction gives Invercap a greater influence over CAP's operations and will allow the company to add a fourth representative to CAP's board of directors, where three Invercap professionals already sit. Mitsubishi's MC Inversiones keeps its two directors on CAP's board following the sale. Francisco Ugarte of Carey y Cía. Ltda. acted as legal advisor to Mitsubishi Corporation. Felipe Larraín of Claro Y Cia acted as legal advisor to Invercap.

Invercap S.A. (SNSE:INVERCAP) completed the acquisition of an additional 6.8% minority stake in CAP S.A. (SNSE:CAP) from M.C. Inversiones Limitada on February 13, 2021.