Quiñenco S.A. (SNSE:QUINENCO) agreed to acquire an additional 7.35% stake in Sociedad Matriz SAAM S.A. (SNSE:SMSAAM) from Maritima de Inversiones S.A. (SNSE:MARINSA) for approximately $51 million on January 12, 2016. Quiñenco acquired 716 million shares of Sociedad Matriz SAAM for $0.071 per share. After the transaction, Quiñenco owns 15.6% stake in Sociedad Matriz SAAM.