SQM shares jump as major shareholder begins to sell stake
By Myles McCormick
Published: Monday, 21 December 2015
Share value in the lithium producer rose almost 9% on Friday following the news that Oro Blanco, one of a number of holding companies through which former chairman Julio Ponce owns a stake in SQM, is looking to sell its shares.
Shares in Chile’s Sociedad de Quimica y Minera
SA (SQM) rose by 8% last Friday following the revelation that
one of the holding companies through which former chairman
Julio Ponce indirectly controls the...