Mergers & Acquisitions

Argos expecting an unfavorable verdict on Cemento Andino

14 December, 2020

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The Venezuelan government recently expropriated Colombian cement group Argos' Venezuelan cement operation, Cemento Andino. Now the Venezuelan Supreme Court may be deciding that Argos was not the rightful owner at all and should therefore not be compensated. Argos is looking to international courts if the decision is unfavorable, as it expects.

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