Chilean steelmaker CAP Acero is reportedly considering a corporate split, local media El Mercurio said. The steelmaker, which part of the CAP Group, has proposed to split the company into four companies.
According to the news report, one of the companies will be comprised of the company’s steel-related assets, while the other three will be comprised of the steelmaker’s real estate assets.
The three real estate entities are Inmobiliaria Talcahuano, Inmobiliaria Rengo and Inmobiliaria Santiago.