Administradora General de Fondos Security S.A. made an offer to acquire Cruz del Sur Administradora General de Fondos S.A from Seguros Vida Security Prevision S.A. (SNSE:PREVISION) and Inversiones Seguros Security on November 7, 2014. Administradora General de Fondos Security S.A. signed an agreement to acquire Cruz del Sur Administradora General de Fondos S.A from Seguros Vida Security Prevision S.A. (SNSE:PREVISION) and Inversiones Seguros Security for CLP 4 billion on December 9, 2014. Seguros Vida Security Prevision will sell 1.05 million shares (60% stake) and Inversiones Seguros Security will sell 0.7 million shares (40% stake) of Cruz del Sur Administradora General de Fondos. The shareholder's of Administradora General de Fondos Security approved the acquisition. Shareholders will meet December 5, 2014 to approve or reject the transaction.

Administradora General de Fondos Security S.A. completed the acquisition of Cruz del Sur Administradora General de Fondos S.A from Seguros Vida Security Prevision S.A. (SNSE:PREVISION) and Inversiones Seguros Security on December 19, 2014.