Ameris Capital buys stake in Parque Arauco subsidiary

Ameris Capital buys stake in Parque Arauco subsidiary

M&A Chile

Ameris Capital has acquired 49% of Arauco Centros Comerciales Regionales (ACCR) from Parque Arauco for UF2.72m ($110m). Parque Arauco holds on to 51% of ACCR, the Chilean shopping mall operator said in a press release.  Ameris Capital made the acquisition through the Ameris Rentas Comerciales I Investment Fund, but it has to sell a stake in the fund equal to size of the transaction before it can close the deal, Parque Arauco said. Parque Arauco and Ameris Capital have until March 11 to complete

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