Vicentin Adds up Interested: Five Companies Have Already Signed up to Take Control and Avoid Bankruptcy
3 Articles
3 Articles
Five companies linked to the agro-industrial sector registered in the register of interested in keeping the defaulted Vicentin, in the framework of the judicial process of salvatage. This instance represents the last opportunity to avoid the bankruptcy of the once powerful agro-exporting group. Until midday of Wednesday, the following firms were registered: Grassi SA, Molinos Agro SA, Bioenergías Agropecuaria SA, Barbero Cereales and Yabitel SA.…
In the framework of the judicial process initiated after cancelling a previous agreement with the creditors, Judge Fabián Lorenzini enabled a “cramdown” (salvatage contested), key to avoid the bankruptcy of Vicentin SAIC. This Friday closes the previous registration: the first five companies that completed the stage are Commodities SA (Grupo Grassi), Molinos Agro (Pérez Companc), Bioenergys Agropecuaria
Cramdown advances with agro-industrial groups looking to keep the cereal company. The deadline for registration is Friday and expectations for new players are growing.
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
To view factuality data please Upgrade to Premium