CCU Inversiones S.A. made an offer to acquire the remaining 32.78% stake in Viña San Pedro Tarapacá S.A. (SNSE:VSPT) from Compañía Chilena de Fósforos S.A. (SNSE:FOSFOROS) and others for approximately CLP 100 billion on December 7, 2017. CCU Inversiones offered CLP 7.8 per share and the payment will be made in cash. The offer is financed out of a combination of the own resources of CCU Inversiones and funds provided by its controller, by means of a loan and/or a capital increase. The validity of the offer is not subject to obtaining any financing. The offer will commence on December 28, 2017 and will expire on January 26, 2018. Credicorp Capital S.A. Corredores de Bolsa is the manager of the offer. Bofill Mir & Álvarez Jana Abogados Limitad acted as legal advisor to CCU Inversiones.

CCU Inversiones S.A. completed the acquisition of an additional 15.8% stake in Viña San Pedro Tarapacá S.A. (SNSE:VSPT) from Compañía Chilena de Fósforos S.A. (SNSE:FOSFOROS) and others for approximately CLP 49.2 billion on January 26, 2018. CCU Inversiones S.A received acceptance for 6.3 billion shares. Post transaction, CCU Inversiones owns 33.18 billion shares in Viña San Pedro Tarapacá, representing 83.01% stake.