UPDATE 1-Court nixes Quinenco bid for Terpel Chile assets
Posted on April 27, 2012 at 13:49 PM EDT
SANTIAGO, April 27 (Reuters) - Chile's antitrust regulator, TDLC, said on Friday it rejected a bid by Quinenco SA - the holding company controlled by the Luksic family - to buy local assets owned by fuel company Terpel, citing the risk of higher prices due to lack of competition.