martedì 9 febbraio 2010

Voglio vivere in Cile....

Piñera will become the first billionaire to be sworn into the Chilean Presidency. He has vowed to sell his shares in corporations before being sworn in on March 11, 2010, in order to avoid conflicts of interest. Piñera has placed $400 million in blind trusts. On February 5, Piñera confirmed plans to sell his 26.3 percent stake in LAN airlines at an extraordinary shareholders' meeting for his main holding company, Axxion. Under the pact, Axxion shareholders have agreed to fix the price of the sale, estimated at $1.5 billion. The Cueto family, who currently hold 25.5 percent of the company, have the first option to purchase the stake and must decide within 20 days.
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Piñera announced Monday, February 8, he will transfer 100% of his stake in Chilevision to a non-for-profit organization. The criticism brought on by this and the pending sale of LAN stakes in regards to timing, was addressed by Cristián Larroulet (Piñera's consultant and member of the committee in charge of the presidential transition), stating the Chilean parliamentary law requires for incoming president's to sell their stake in companies after taking office and Piñera is doing so beforehand.

http://en.wikipedia.org/wiki/Sebasti%C3%A1n_Pi%C3%B1era#Transition

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