Contempora acquires stake in retailer

Contempora acquires stake in retailer

Corporate & Sovereign Strategy M&A Chile Peru Uruguay Retail shopping

Chilean holding company Empresas Contempora said it has acquired a 20% stake in Komax, taking its first step into the clothing retail business, Diario Financiero newspaper reported on Thursday. The deal expands on the holding company’s interests in financial services, real estate, television, recycling and other businesses, the paper reported. Contempora and Komax could not be reached for comment. Komax has the rights to market international clothing brands including Banana Republic, Brooks Brot

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