Chile Quinenco shareholders approve almost $700 mln cap increase

lunes 29 de julio de 2013 18:01 CEST

SANTIAGO, July 29 (Reuters) - Shareholders of Chilean holding group Quinenco on Monday approved an almost $700 million capital increase destined to fund new investments.

Quinenco, controlled by the wealthy Luksic family, has around $57 billion in consolidated assets, including stakes in bank Banco de Chile, brewer and bottler CCU and metals group Madeco, according to the company's web site.