Thursday, January 21, 2010

LAN Airlines' Holding Company Suspended from Trading and Placed Under Investigation in Chile

After its shares jumped by 101%, Axxion S.A. a holding company that is a partial owner of Chile's LAN Airlines S.A., and is controlled by the country's newly elected president, Sebastian Pinera, has been suspended from trading and placed under investigation by the country's financial market regulator, the SVS.

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