The company has bought an additional 8 percent stake in CSAV, after initially buying a 10 percent stake for around $120 million in March. Both stakes were purchased from CSAV's largest shareholder, Marinsa, which will see its stake in the line drop to about 20 percent.
Quinenco has also recommended CSAV raise $1 billion, rather than a planned $500 million, to bolster its coffers.
