From Alibaba.com: Singapore’s stake investor Temasek Holdings has bought a 1.18 percent stake in Chile’s LAN Airlines, a spokesman said in a statement on Thursday.

The statement gave no further details. Chilean President Sebastian Pinera sold a 3.3 percent stake in the airline in an auction on Thursday, a move that brings the billionaire closer to divesting his holdings in the nation’s flagship carrier………………………………Full Article: Source