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Bienville Capital Management LLC Has $20,631,000 Position in Telecom Argentina SA

2016-03-09 11:23:23| Telecom - Topix.net

Bienville Capital Management LLC decreased its stake in shares of Telecom Argentina SA by 3.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,283,793 shares of the company's stock after selling 48,909 shares during the period.

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Telecom Italia closes sale of Telecom Argentina to Fintech

2016-03-09 09:13:00| Telecompaper Headlines

(Telecompaper) Telecom Italia has announced that its remaining 51 percent stake in Telecom Argentina has been sold to US-backed investment firm Fintech for USD 550.6 million. The Italian group reached a deal back in 2013 to sell its 68 percent controlling stake in Telecom Argentina holding company Sofora to Fintech, owned by Mexican financier David Martinez, for USD 960 million. Telecom Italia divested an initial 17 percent stake in Sofora to Fintech around 18 months ago for USD 329.5 million but both parties have been waiting for the approval of the newly-created communications watchdog Enacom after the defunct regulator AFTIC blocked the transaction last October. Enacom's approval finally came last week.

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Telecom Italia finally completes Argentina sale

2016-03-09 01:00:00| Total Telecom industry news

Italian incumbent offloads 51% of holding company Sofora for $550.6 million.

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Argentina farmers ask state to intervene in Monsanto soy fight

2016-03-04 23:47:25| Chemicals - Topix.net

About 100 sign-waving Argentine farmers protested in front the country's CNDC competitiveness authority on Friday, urging the government to back them in their fight with Monsanto Co over rights pertaining the company's Intacta soybeans. Growers in the world's No.

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Argentina approves Telecom Argentina, Nextel sales - report

2016-03-04 08:38:00| Telecompaper Headlines

(Telecompaper) Argentina's new telecoms regulator Enacom has approved Telecom Italia's sale of its controlling stake in Telecom Argentina to investment firm Fintech and NII Holdings' sale of the remaining 51 percent stake in Nextel Argentina to Cablevision, reports local daily La Nacion, citing a source at the regulator. "Yes, the Enacom board has approved the sale of Telecom and Nextel," said the source, adding that "we carried out a technical assessment and the transactions are impeccable." He said the acquisitions still required the approval of the country's anti-trust regulator.

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