Chilean holding company Quinenco
Citigroup has increased its stake in LQ Inversiones by 8.52 percent to around 41.5 percent. LQ Inversiones is the controlling shareholder of Banco de Chile
Shares in Banco de Chile rose 2.76 percent on Friday to 48.80 pesos.
Quinenco, which is controlled by the Luksic family group, is invested in financial, food and beverage, manufacturing and telecommunications companies, including brewer CCU
(Reporting by Antonio de la Jara; Editing by Gerald E. McCormick)