Compañía Siderúrgica Huachipato $376 million spin-off

Overview:

• CAP, a Chilean iron ore and pellets producer, spun-off its subsidiary Compañía Siderúrgica Huachipato, a Chilean steel producer, into four companies. 
• The companies included Compañía Siderúrgica Huachipato as well as real estate companies Inmobiliaria Santiago, Inmobiliaria Rengo and Inmobiliaria Talcahuano.

Rani Mehta - Journalist