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Itaú CorpBanca transfers shares in unit to Inversiones Monserrat

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Itaú CorpBanca transfers shares in unit to Inversiones Monserrat

Itaú CorpBanca said it transferred all of its shares in SMU Corp. SA, equivalent to 51% of the company's total shares, to Inversiones Monserrat SA on Jan. 30.

As a result, SMU is no longer a unit of Itaú CorpBanca, the bank said in a same-day filing without providing any additional details.