Habitat in talks to buy asset manager

Habitat in talks to buy asset manager

M&A Funds Asset Management Chile Peru

Chile's AFP Habitat is in advanced talks to buy local asset management company Nevasa as the pension fund looks to diversify away from its core business, according to local press reports. A deal with the firm's owner, NevasaCorp, could be finalized in the next 10 days and would cost Habitat $2 million plus COP500 million ($636,470), Diario Financiero reported. Among the issues already agreed is that Eduardo Muñoz will remain CEO of Nevasa and NevasaCorp will continue to provide front-, middle- a

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