RIO DE JANEIRO, BRAZIL - Preparations to merge the leading stock exchanges of Chile, Colombia, and Peru are progressing smoothly. Yesterday, the Chilean stock exchange advised the Financial Market Commission (CMF) about the new steps of regional integration, which will be carried out through a holding structure domiciled in Chile.
In addition, the Santiago Stock Exchange advised that the future shareholding structure of the regional holding company would have a composition of 40% for Chile, 40% for the Bogotá stock exchange, and 20% for its peer in Lima.
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