AquaChile S.A. (SNSE:AQUACHILE) agreed to acquire a controlling stake in Invermar S.A. (SNSE:INVERMAR) from Invertec Ltda. and creditors of Invermar on October 9, 2014. AquaChile will also inject $30 million capital into Invermar. The acquisition requires a due diligence review by AquaChile as well as approval from Invermar's shareholders, AquaChiles' and Invermar's creditors and Chilean authorities. The deal is expected to be completed by November 30, 2014.

AquaChile S.A. (SNSE:AQUACHILE) cancelled the acquisition of a controlling stake in Invermar S.A. (SNSE:INVERMAR) from Invertec Ltda. and creditors of Invermar on December 22, 2014. The transaction was terminated as the deadline for the deal passed without an agreement on December 19, 2014. The December deadline was already an extension on the original deadline, which passed on December 5, 2014.