FoodClips
Source: nasdaq.com
Peruvian Wong Family Sells 2.2% Of Chilean Retailer Cencosud
SANTIAGO -(Dow Jones)- The Peruvian Wong family sold 49.8 million shares of Chilean retail holding company Cencosud (CENCOSUD.SN), equivalent to 2.2% of the retailer, on the Santiago Stock Exchange Tuesday, the latter informed in a statement.
The sale garnered the Wongs $102.2 billion Chilean pesos ($199.5 million) at a sale price CLP2,055.00 per share.
Read more [http://www.nasdaq.com/aspx/stock-market-news-story.aspx?storyid=201003090808dowjonesdjonline000234&title=peruvian-wong-family-sells-22of-chilean-retailer-cencosud]
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Cencosud S.A.
Address: Avenida Kennedy 9001 Piso 7 Las Condes Santiago, Chile
Telephone: +56-2-9590700
Fax: +56-2-9590040
About Cencosud S.A.
Cencosud SA is a Chile-based company engaged in the retail sector. The Company’s business is divided into five divisions, which are operated by: Jumbo hypermarkets, Santa Isabel supermarkets, Easy home centers, Paris department stores and Aventura Center. Through its subsidiary Cencosud Shopping Centers SA, the Company is active in the administration and development of shopping malls such as Alto Las Condes, Florida Center, Portal La Dehesa, Portal Temuco, among others. In addition, the Company has interests in Banco Paris, a financial institution, as well as in Viajes Paris, a travel agency. The Company’s main subsidiaries are Cencosud Administradora de Procesos SA, Cencosud Administradora de Tarjetas SA, Comercial Food and Fantasy Ltda, Costanera Center, Easy SA, Mercado Mayorista PYP Ltda, Jumbo Administradora SA, among others. Cencosud SA is also present in Argentina, Brazil, Colombia and Peru.