Bloomberg News

Cencosud Taps Santander, Larrain Vial for Chile Sale, DF Says

May 11, 2012

Cencosud SA (CENCOSUD), Chile’s biggest retailer by sales, hired Larrain Vial SA and a unit of Banco Santander SA to manage the local leg of a share sale, Diario Financiero reported, without saying where it got the information.

Cencosud plans to sell as much as $2 billion of new shares in Chile and New York at the end of the second quarter, the Santiago-based newspaper reported, citing people familiar with the transaction that it didn’t name.

To contact the reporter on this story: Sebastian Boyd in Santiago at sboyd9@bloomberg.net

To contact the editor responsible for this story: David Papadopoulos at papadopoulos@bloomberg.net


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