Marina del Sol, Sun Dreams revive merger plans

Marina del Sol, Sun Dreams revive merger plans

M&A Chile Africa

Chilean casino operator Marina del Sol said it has renewed negotiations with South Africa-based Sun International on merging their businesses in Chile, Argentina, Colombia and Peru. The companies signed a memorandum of understanding to move ahead with the proposed merger, Marina del Sol said in a securities filing. The companies had started talks in May, but they put them on hold after the protests broke out in Chile in October following a hike in subway fares, according to local press reports.

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