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6-May-2021 The National Economic Prosecutor’s Office (FNE) filed a complaint before the Competition Tribunal (TDLC) against three helicopter companies in the forest firefighting market, as well as two executives who facilitated the coordination and execution of anti-competitive agreements. The corporations are Calquín Helicopters SpA (Calquín), Inaer Helicopter Chile S.A. (Inaer), and Pegasus South America Servicios Integrales de Aviación SpA (Faasa), and two of their principal executives: Ricardo Pacheco Campusano from Faasa and Rodrigo Lizasoaín Videla, who worked at Inaer and then at Calquín. The FNE accuses the companies and individuals of forming and maintaining agreements to affect the outcome of various bidding processes in the national market for planned helicopter services to fight forest fires. ....
”Latin America is one of the fastest growing markets in the world,” said Viacom s CEO. Pending governmental approval, US giant ViacomCBS is expanding its Latin American investment scheme by buying over the Santiago-based Chilevisión TV station, which was announced Monday. According to a Viacom statement, the consortium reached an agreement on Monday with Chilevisión owners Warner Media, also a US firm owned by AT&T Inc, for the purchase of all of the Chilean broadcaster s assets. Chilevisión encompasses sports, entertainment, news and a solid production capacity, these attributes in combination with a strategic management of content windows through free and paid services, will serve as valuable marketing vehicles for the platforms of Viacom streaming, the acquiring company said. ....
Archyde April 5, 2021 by archyde And after months of being transcended, what was already an open secret took shape yesterday. A new movement shook the telecommunications market. The North American company ViacomCBS (VCNI) announced that its subsidiary ViacomCBS Networks International has agreed to acquire Chilevisión from WarnerMedia. The acquisition covers all of Chilevisión’s brands and assets, including its broadcast television signal, which will complement Viacom’s global content offering. The purchase price – which is held in reserve – will be financed with existing cash balances from ViacomCBS. The transaction is subject to regulatory approvals by the National Economic Prosecutor’s Office (FNE) and the closing conditions. ....
[co-authors: Sergio Orrego Flory, Felipe Rencoret Portales, Nicholas Mocarquer Grout, María Isidora Zañartu Ramírez] World Law Group member firms recently collaborated on a Global Venture Capital Guide that covers more than 30 jurisdictions on investment approval processes, typical investment sectors and investment structures on Venture Capital deals (and more!). The guide does not claim to be comprehensive, and laws in this area are quickly evolving. In particular, it does not replace professional and detailed legal advice, as facts and circumstances vary on a case-by-case basis and country-specific regulations may change. CHILE In your jurisdiction, which sectors do venture capital funds typically invest in? ....