Metso Corporation (HLSE:METSO) agreed to acquire HighService Service from HighService Corp and Inversiones Cofhec Limitada on January 2, 2019. The acquisition is pending regulatory approval from the Chilean authorities and is expected to close during the first half of 2019. As reported on April 25, 2019, transaction is proceeding as planned and the regulatory approvals have been obtained. The closing is expected to take place during the second quarter of 2019. Rafael Jiménez Mateo, Ignacio Larraín, Diego Bunster, Nicolás Santana, Juan Ignacio Pitta, Catalina Montero and Gabriel Budnik of Philippi Prietocarrizosa Ferrero Du & Uria acted as legal advisors for Metso Corporation. Octavio Bofill, Rodrigo Saffirio, Guillermo de la Jara, Daniela Buscaglia Llanos, Wilson Henríquez and Macarena Fuchs of Bofill Mir & Alvarez Jana acted as legal advisors for HighService Corp and Inversiones Cofhec. Rafael Jiménez of Uría Menéndez Abogados, S.L.P. acted as legal advisor to Metso Corporation.