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Exclusive: Argentine takeover of soy crusher Vicentin may …

11/6/2020· However, the government's planned takeover of Vicentin, which holds 33% of Renova alongside majority partner Glencore, should not dent agricultural exports from Argentina…

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Santa Fe province to rescue Argentine crusher Vicentin, …

Vicentin has faced huge financial troubles since December last year, when the crusher defaulted on paying its oilseed suppliers and brokerage firms as the company struggled to make debt repayments. The crusher currently owes approximately $350 million to grain suppliers, while the firm's overall debt including local and foreign banks is estimated at $1.5 billion.

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Santa Fe province to rescue Argentine crusher Vicentin, …

Argentine President Alberto Fernandez agreed this weekend to a new plan to rescue the cash-strapped crusher Vicentin, through which the province of Santa Fe will assume the liabilities of the company so that a wholesale nationalisation by the federal government

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11/6/2020· 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 ...

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Exclusive: Argentine takeover of soy crusher Vicentin may …

11/6/2020· Argentina will keep crushing 40 million to 42 million tonnes of soybeans per year," the source close to the talks said. Fernandez is set to meet with Vicentin's management late on Thursday.

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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 ...

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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

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