Argentina to accept more debt paper

Article Abstract:

Argentina is to accept payment of up to $6 billion in debt paper for remaining strategic state assets, such as nuclear power stations, petrochemical plants, and hydro-electric dams. It is hoped that the acceptance of debt paper will raise the price of Argentine paper. Sales are expected to include the Yacyreta and Salto Grande hydro electric dams, and minority stakes in GasBan, Gas Pampeana and Transportadora Gas del Norte.

Planning, Nuclear power plants, Hydroelectric power plants, Petroleum chemicals industry, Petrochemicals industry

---

Battle over Argentina's postal service (Empresa Nacional de Correos y Telegrafos)

Article Abstract:

The planned privatisation of Empresa Nacional de Correos y Telegrafos (Encotesa), Argentina's postal service, has attracted considerable debate. Economy minister Domingo Cavallo claims that the bill for the privatisation of Encotesa would directly benefit influential businessman Alfredo Yabran, who is dominant in the country's private postal service. Cavallo has even accused Yabran of bribing congressmen to accept the bill.

Public Mail & Express Services, Postal Service, Management, Empresa Nacional de Correos y Telegrafos

---

Argentina comes alive. (privatisation process)

Article Abstract:

Argentina's privatisation process has been revived with purchase by a consortium, headed by Dow Chemical of the US of stakes in Petroquimica Bahia Blanca (PBB), and ethylene producer, and Indupa, a polyethylene manufacturer. Other privatisations included Edesur, an electricity distributor, purchased by Enersis.

Similar abstracts:

• Abstracts: Battered Bhutto: government is beset by political and fiscal woes. Riches to rubble
• Abstracts: Poor results at Nomura's global units cripple company's worldwide ambitions. CS First Boston to cease selling stocks in Japan
• Abstracts: Putting the past behind. Stock pickers see potential for a rebound in Nikko
• Abstracts: Rush for Indian telecoms tender. India plans more public sector sales. Tenders opened for Indian Telecoms

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.