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Itau Corpbanca files material event notice with Chilean Commission
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Itau Corpbanca files material event notice with Chilean Commission

ITAU CORPBANCA announced that it filed a Material Event Notice with the Chilean Commission for the Financial Market reporting that the Bank has become aware of the intention of its controlling shareholder, Itau Unibanco Holding -holder of approximately 65.62% of the issued, subscribed and paid shares of the Bank- to launch, directly or indirectly through its affiliates, a voluntary tender offer to acquire up to all of the shares of the Bank not owned by Itau Corpbanca, representing approximately 34.38% of the issued, subscribed and paid shares of the Bank as of today, including those in the form of American Depositary Shares, each of which represents 1,500 shares; the number of shares subject to the Tender Offer may be affected as a result of the reverse stock split agreed at the Bank’s Extraordinary Shareholders’ Meeting held on January 19, 2023 and currently under analysis by the Comision para el Mercado Financiero.

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