Toronto, Ontario - (Marketwire) - Clairvest Group Inc. today announced a USD 16 million investment to acquire 50% ownership in the Plaza Sol de Los Lagos casino being built in Osorno, Chile. Although Clairvest has made joint investments in casinos in Canada and Chile with other investors through Clairvest Equity Partners III Limited Partnership (CEP III), this purchase is a Clairvest-only investment as this would exceed current geographic investment limitations for CEP III.

After the authorization granted by Casino Superintendence (SCJ) to Canadian bank Clairvest Group in order to enter the society Marina del Sol, a firm which develops a gambling center in the 8th region, foreign investment grew 54.3%. The US firm which will enter the society Marina del Sol (connected to family Imschenetzky) with a participation of 50%, will bring the new group USD 38 million.