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Argentine Agribusiness Giant Los Grobo Collapses Under $207 Million Debt, Exposing Systemic Risks in Farm Sector

Summary by The Rio Times
Grupo Los Grobo’s financial unraveling began in December 2024, with court filings confirming the agroindustrial titan owes creditors $207 million, including $51.75 million due by mid-2025. The company’s subsidiaries—Los Grobo Agropecuaria and agrochemical firm Agrofina—defaulted on bank loans, triggering collateral seizures on grain stocks and processing plants. Founded in 1984 by Adolfo Grobocopatel, Los Grobo […]
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