China’s CITIC signals interest in buying SQM stake
By Myles McCormick
Published: Tuesday, 29 December 2015
Filings with the Chilean regulator indicate that the Chinese investment group is poised to bid for the indirect stake held in the lithium, iodine and potash miner by holding company Oro Blanco.
Chinese investor CITIC CLSA Capital Markets Ltd
has indicated an interest in buying an indirect stake in
Chilean miner Sociedad de Quimica y Minera SA (SQM), currently
being sold by holding company Sociedad de Inversiones Oro
Blanco SA.
Banco Itau Argentina, which is overseeing the sale of Oro
Blanco’s stake,...