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Axxion (SCL:AXXION)
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Chile's Axxion says Santa Cecilia to sell stake
Reuters  Mar 24  Comment 
Chilean President Sebastian Pinera's holding company Axxion SA said on Wednesday the group Santa Cecilia agreed to sell its stake in the holding company to Bethia SA. (Reporting by Juan Lagorio; Editing by Gerald E. McCormick)
Chile bourse halts LAN and Axxion trading
Reuters  Mar 24  Comment 
Chile's bourse said early on Wednesday it halted trading of airline LAN and Axxion shares as it awaits for a regulatory communique from the holding company.
Cueto to Buy Lan Stake From Pinera for $500 Million
Bloomberg  Feb 22  Comment 
(Update1) Chile’s Cueto family agreed to buy an 8.6 percent stake in Lan Airlines SA from Chilean President- elect Sebastian Pinera for $500 million to take control of Latin America’s largest carrier by market value.
Pinera Offers Cuetos 21% Lan Stake for $1.2 Billion
Bloomberg  Feb 18  Comment 
(Update3) Chilean President-elect Sebastian Pinera plans to offer a 21 percent stake in Lan Airlines SA to the Cueto family for $1.2 billion as he seeks to exit his investment in the nation’s largest carrier before taking office.
FACTBOX-Key facts about Chile's top carrier LAN
Reuters  Feb 5  Comment 
Chilean President-elect Sebastian Pinera on Friday approved a plan to sell his majority stake in flagship carrier LAN , worth an estimated $1.5 billion, at a shareholder meeting of his main holding company Axxion .
Axxion Falls After Post-Election Surge as Halt Lifted
Bloomberg  Jan 22  Comment 
(Update2) Axxion SA, Chile President-elect Sebastian Pinera’s holding company, plunged the most in five years on speculation that a 140 percent surge since his victory was overdone.
New Chilean President Makes A Killing Market-Timing His Own Election Win
Clusterstock  Jan 22  Comment 
Chile's new conservative president doesn't just have his recent presidential victory to cheer about. Shares in his company, Axxion, have more than doubled since the election. He's having a field day. Urged to sell his interest in the company,...
Pinera Axxion Surge Spurs Chile Probe After Election
Bloomberg  Jan 21  Comment 
(Update2) The four-day rally that sent shares of Chilean holding company Axxion SA up more than 100 percent since billionaire owner Sebastian Pinera’s presidential election has sparked a regulator’s probe and reignited criticism of...




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