ARC Energy to buy IMPSA - LatinFinance

telesurtv.net

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The Government of Argentina authorized this Wednesday the sale of the shares of the steel company Industrias Metalúrgicas Pescarmona IMPSA S.A to the US capital company ARC Energy. READ ALSO: Indigenous leaders denounce environmental dispossession and retrogression in the Argentine province of Salta “The Commission Evaluating the offers for the sale of IMPSA – composed of the Fondep of the Ministry of Economy, the Agency for the Transformation o…

infogremiales.com.ar

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The company of U.S. origin and with strong ties to President-elect Donald Trump, Arc Energy is within a shot of taking the reins of IMPSA. It was the only bidder in the tender opened by the government of Javier Milei for its privatization but for now it is still stuck. The latest news is that the buyer asked for a deadline until the end of this month to renegotiate the debt of IMPSA of 600 million dollars. Both the national state and the provinc…

El Intransigente

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The state company owes about $600 million, debt its buyers seek to renegotiate until January 31 to continue the bidding.The post Privatization of IMPSA: Arc Energy requested deadline until the end of January to negotiate the debt of the company appeared first on The Intransigent.

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State metallurgical based in the province of Mendoza passes into the hands of the US company ARC Energy

INFOZONA

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The historic metallurgical Mendoza Impsa faces a new chapter in its long history. Founded in 1907 by the Pescarmona family and established in 2021, the company has been awarded to an American investment fund, marking a significant change in the Argentine business landscape. The operation with ARC Energy The US fund ARC Energy will be the new owner of 84.9% of Impsa's shares, including: 63.7% of the shares that belonged to the National Productive…

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Arc Energy, known for its ties with Donald Trump, wants to gather the creditors' endorsement before signing the final contract.