Enel Chile SA (ENIC) has released an update.
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Enel Chile S.A. has announced a significant capital injection into its affiliate Enel X Way Chile SpA, totaling over 5 billion Chilean pesos, which will be paid in full with cash. This move will increase Enel Chile’s stake from 49% to approximately 62.5%, making it the majority shareholder and parent company, with no anticipated major impact on Enel Chile’s financial position.
For further insights into ENIC stock, check out TipRanks’ Stock Analysis page.