Author: Mark Mulligan Chile’s parliament is close to passing a law that started life as a proposal to protect minority shareholders but now covers everything from stock options and share buy-backs to control of the country’s banking sector.
After three years of draft and debate, the so-called OPA law (from the Spanish for public share offer), cleared the upper house of congress on July 18, though it now needs a second approval from the lower chamber because of amendments.
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