Chilean Firm Now Owns Half of Sun Dreams

Sun, May 12, 2019

Chilean company Nueva Inversiones Pacífico Sur has acquired an additional 15 percent share in South African casino and hotel company Sun International, which owns Sun Dreams (l.),. for a total ownership stake of 50 percent.

Chilean Firm Now Owns Half of Sun Dreams

Chilean construction firm Nueva Inversiones Pacífico Sur has acquired an additional 15 percent share of South African casino and hotel company Sun International. On approval from regulators, it will have a total ownership stake of 50 percent.

Jaime Wilhelm, general manager of Sun Dreams, told Chilean financial commissioners that Sun International will retain 50 percent control of the company.

Sun Dreams operates casinos in Iquique, San Francisco de Mostazal, Temuco, Valdivia, Coyhaique and Punta Arenas in Chile; eight operations in Lima, Peru; two in Cartagena de Indias, Colombia; two in Panama City, Panama; and a casino in Mendoza, Argentina.

**GGBNews.com is part of the Clarion Events Group of companies (Clarion). We take your privacy seriously. By registering for this newsletter we wish to use your information on the basis of our legitimate interests to keep in contact with you about other relevant events, products and services which may be of interest to you. We will only ever use the information we collect or receive about you in accordance with our Privacy Policy. You may manage your preferences or unsubscribe at any time using the link in our emails.