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Sovereign Wealth Funds Briefing - Categorized | Investment

Singapore’s Temasek buys stake in Chile’s LAN Airlines

Posted on 26 March 2010

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

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