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  • Argentina moves to take over bankrupt soy crusher

    Argentina will take over bankrupt soy-crushing giant Vicentin, with the aim of saving jobs and protecting the country's food exporting sector, President Alberto Fernandez said in a televised

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  • Argentina says it will 'rescue' bankrupt soy crusher Vicentin

    2020. 6. 8.· Argentina will "rescue" bankrupt soy crushing giant Vicentin, with the aim of saving jobs and protecting the country's food exporting sector, President Alberto Fernandez said in a televised

  • EXCLUSIVE-Argentine takeover of soy crusher Vicentin may

    2020. 6. 11.· Renova, located on the banks of the Parana River in Argentina's soy hub of Rosario, is one of the world's biggest soy crushing plants. Glencore, which

  • Exclusive: Argentine takeover of soy crusher Vicentin may

    "But this will mean nothing in terms of Argentine supply of soy products. Argentina will keep crushing 40 million to 42 million tonnes of soybeans per year," the source close to the talks said.

  • Exclusive: Argentine soy crusher Vicentin in takeover talks

    Argentina's top exporter of processed soy, Vicentin, is in talks over a potential takeover deal with firms including European grains giant Glencore to help resolve a debt crisis, according to two sources close to the negotiations. The near 90-year-old firm, which defaulted on payments to suppliers

  • Argentina moves to take over bankrupt soy crusher

    Argentina moves to take over bankrupt soy crusher Vicentin Back to video “Today we are signing a decree that provides for the intervention of Vicentin,” Fernandez said. “We are sending Congress an expropriation bill so that the government takes over,” he added.

  • Exclusive: Argentine soy crusher Vicentin in takeover talks

    Argentina's top exporter of processed soy, Vicentin, is in talks over a potential takeover deal with firms including European grains giant Glencore to help resolve a debt crisis, according to two

  • Exclusive: Argentine takeover of soy crusher Vicentin may

    Renova, located on the banks of the Parana River in Argentina's soy hub of Rosario, is one of the world's biggest soy crushing plants. Glencore, which owns 66.7%, had offered to buy Vicentin's stake in the plant for $325 million, Reuters reported previously, but the deal had become bogged down in Vicentin's bankruptcy proceedings.

  • Exclusive: Argentine takeover of soy crusher Vicentin may

    FILE PHOTO: A truck unloads soy grains in a silo bag on a farmland in Chivilcoy, on the outskirts of Buenos Aires, Argentina April 8, 2020. Picture taken April 8, 2020. REUTERS/Agustin Marcarian

  • International banks accuse Argentine major soy crusher of

    2020. 7. 4.· Banks owed money by cash-strapped Argentine soy crusher Vicentin are accusing the company of diverting hundreds of millions of dollars and have asked a U.S. court to subpoena records as part of a

  • International banks accuse Argentine soy crusher Vicentin

    BUENOS AIRES, July 3 (Reuters) Banks owed money by cash-strapped Argentine soy crusher Vicentin are accusing the company of diverting hundreds of millions of dollars and have asked a U.S. court to subpoena records as part of a lawsuit, including wire transfers and bank statements.The case brought by institutions including Cooperatieve Rabobank, ING Bank, the International Finance

  • Exclusive: Argentine takeover of soy crusher Vicentin may

    Renova, located on the banks of the Parana River in Argentina's soy hub of Rosario, is one of the world's biggest soy crushing plants. Glencore, which owns 66.7%, had offered to buy Vicentin's stake in the plant for $325 million, Reuters reported previously, but the deal had become bogged down in Vicentin's bankruptcy proceedings.

  • International banks sue Argentine soy crusher for diverting

    International creditor banks are suing Argentine soy crusher Vicentin of diverting hundreds of millions of dollars and have asked a US court to subpoena records as part of a lawsuit, including

  • Argentine takeover of soy crusher Vicentin may scuttle

    Renova, located on the banks of the Parana River in Argentina’s soy hub of Rosario, is one of the world’s biggest soy crushing plants. Glencore, which owns 66.7%, had offered to buy Vicentin’s stake in the plant for $325 million, Reuters reported previously, but the deal had become bogged down in Vicentin’s bankruptcy proceedings.

  • Exclusive: Argentine takeover of soy crusher Vicentin may

    Exclusive: Argentine takeover of soy crusher Vicentin may scuttle Glencore's Renova bid sources

  • Exclusive: Argentine soy crusher Vicentin in takeover talks

    Argentina is the global top exporter of soy meal and soy oil. Renova, with over 20,000 tonnes of daily crushing capacity, is one of the world's top soy processing facilities. The company has already met with farmers and suppliers to inform them that the firm will be ready to make a debt restructuring proposal in the coming days, the two sources said.

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  • Exclusive: Argentine soy crusher Vicentin in takeover talks

    Argentina's top exporter of processed soy, Vicentin, is in talks over a potential takeover deal with firms including European grains giant Glencore to help resolve a debt crisis, according to two sources close to the negotiations. The near 90-year-old firm, which defaulted on payments to suppliers

  • Argentine soy crusher Vicentin in mergers talks with firms

    Vicentin, one of the top exporters of processed soy in Argentina, had been in advanced staged takeover talks with a number of grain firms including the British-Swiss commodity trading and mining firm Glencore aimed at resolving a long-standing debt-crisis, at least two people close to the negotiations said on Friday, the 24th of January 2020, on condition of anonymity as the sources were not