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General

Fintech set to control 100% of Telecom Argentina

Tuesday 21 March 2017 | 09:38 CET | News
The Fintech investment firm of Mexican financier David Martinez is set to control 100 percent of Telecom Argentina following a corporate restructure that will see the Werthein Group leave the share capital of Telecom Argentina holding company Sofora. Local daily La Nacion reports that Sofora president Saturnino Funes informed shareholders that Werthein will eventually divest its 32 percent share with a view to simplifying the ownership structure of Telecom Argentina in line with international standards and market practices.

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Categories: General
Companies: Cablevision / Telecom Argentina / Telecom Italia
Countries: Argentina
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