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Technology / AI and automation

BOND CORP RAISES STAKE IN COMPANIA DE TELEFONOS DE CHILE

Alan Bond’s Bond Corp International Ltd, listed in Hong Kong, has raised its stake in Compania de Telefonos de Chile to 50.2% from 32% by subscribing for $155.2m of new shares in the telephone company’s rights issue: under Chilean law, the company must reduce its stake to 45% – but not until August 1992.

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CBR Staff Writer

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