Argentine investors eye buying Edenor

Argentine investors eye buying Edenor

Equity M&A Corporate & Sovereign Strategy Electricity Argentina Latin America

A group of Argentine investors has entered talks to acquire Edenor, an electricity distribution company in Buenos Aires, for as much as $300 million, including debt, with $140 million for the majority stake held by Pampa Energía, people close to the talks said on Friday. "They are in negotiations," one source said, adding that the details of a possible acquisition are still being fine tuned. The group is led by Luis Manzano, Daniel Vila and Mauricio Filiberti, according to sources. Manzano and V

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