CIPEF VI to Acquire Stake in Chile-Based Tanner Servicios Financieros (Latin America)
Source: Tanner Servicios Financieros
Emerging markets investment manager Capital International has signed an agreement to acquire a 27 percent stake in Chile-based financial services provider Tanner Servicios Financieros via a subscription of newly issued shares for US$200 million. The transaction will be structured through Capital International Private Equity Fund (CIPEF) VI. Tanner intends to use the capital injection to finance company growth and invest in new projects.