Three groups seen vying to buy Argentina's Vicentín

Three groups seen vying to buy Argentina's Vicentín

Equity M&A Argentina Latin America

Three companies may be preparing to bid to buy Vicentín, a leading agribusiness company in Argentina that filed for bankruptcy protection in February as the country’s financial crisis pushed it to default on an estimated $1.3 billion in debts, according to sources and local press reports.  The potential buyers are British commodity trading company Glencore, Minneapolis-based investment management firm CarVal Investors and Buenos Aires-based agribusiness Ceibos, which is run by Ciro Echesortu, a

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