Inversiones La Construcción S.A. (SNSE:ILC) offered to acquire 99.9% stake in Compania de Seguros de Vida Camara S.A. (Peru) from Compañía de Seguros de Vida Cámara S.A. for $11.3 billion on August 26, 2016. The offer is subject to approval by Committee of Directors and the Board of Inversiones La Construcción, Compañía de Seguros de Vida Cámara S.A. obtains all the corporate authorizations needed to carry out the transaction, regulatory authorizations needed to carry out the transaction, particularly the approval of the Bank and Insurance Supervisor of Peru. The transaction needs to be approved by the shareholders of Compañía de Seguros de Vida Cámara S.A. for which the meeting is to be held on October 12, 2016. As on September 20, 2016, Precisa Actuarios SpA, independent evaluator approved the transaction. As on May 5, 2017, the deal has been approved by Peru's financial services watchdog. The transaction is set to take place during May 2017.

Inversiones La Construcción S.A. (SNSE:ILC) completed the acquisition of 99.9% stake in Compania de Seguros de Vida Camara S.A. (Peru) from Compañía de Seguros de Vida Cámara S.A. for $21.7 million on June 9, 2017.