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Simpson Thacher instructed on sale of Falabella shares

  • News
  • 4 August 2016
  • 82
  • 1 minute read
Simpson Thacher advised Grupo Inder on the sale of 2,17% of the shares it owns in Falabella. 

Grupo Inder is an investment group based in Chile. Falabella is a department store multinational, headquartered in Chile and listed on the Santiago Stock Exchange.

According to market reports, the operation, valued at approximately $380 million, does not affect the 17% Inder owes in Falabella through Dersa, its investment vehicle.

Partner Todd Crider led Simpson Thacher advising Inder, which also retained Barros y Errazuriz as local counsel. 

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Ignacio Abella

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