CHILE Law and Practice Contributed by: Cristián Eyzaguirre Fontaine, Daniela Del Solar Nielsen and Gonzalo Eyzaguirre Alvarado, Eyzaguirre & Cía
However, please note that shareholders have the right to withdraw from a company by redeem - ing their shares to such company, provided certain requirements are met (eg, a shareholder who voted in the relevant shareholders meeting against a company merger, among other require - ments). As also noted in 11.2 Aims of Activists , this withdrawal mechanism reflects the emphasis of the Chilean legal framework on affording dis - senting shareholders an exit option rather than granting them direct veto rights over major cor - porate decisions.
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