Maksim Labkouski
- Itaú CorpBanca (NYSE:ITCB) American depositary shares jumped 7.3% in Friday premarket trading after its controlling shareholder, Itaú Unibanco Holding (NYSE:ITUB), said it plans to offer to buy the rest of ITCB shares it doesn't already own.
- Itaú Unibanco Holding (ITUB), which holds 65.62% of ITCB shares, said it will offer CLP 2.00 per ITCB share. That compares with the CLP 1.77 closing price on Thursday for Itaú CorpBanca (ITCB) shares in Santiago trading. The offering price represents a premium of ~10% over the average trading price per share over the past 60 trading sessions, ITUB said.
- Itaú CorpBanca posted Q4 results earlier this week.