BRIEF-Inversiones La Construccion to buy Inversiones Confuturo

lunes 9 de mayo de 2016 08:49 GYT

May 9 (Reuters) - Inversiones La Construccion SA :

* Said on Friday that it signed a preliminary agreement with Corp Group Banking SA, Fondo de Inversion Privado Corp Life and Corp Group Interholds SpA to buy 488,491,123 series B shares of Inversiones Confuturo SA (formerly Corp Group Vida Chile)

* The value of the transaction is estimated at 49.27 billion Chilean pesos ($73.7 million), expects to close the deal in June

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($1 = 668.5300 Chilean pesos) (Gdynia Newsroom)