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Announced

IG4 Capital to acquire a majority stake in SQM for $916m.

Synopsis

IG4 Capital, a Brazilian buyout firm, offered to acquire a majority stake Sociedad Quimica y Minera, a Chilean miner, for $916m. A non-binding offer was delivered in Santiago to Ponce, through his financial adviser K2 Advisors, after almost a year of talks.

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