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Ferrere (Uruguay) - News

Conference coverage

May Work / Life Audit
May Work / Life Audit

May Work / Life Audit

18 May 2006

Santiago Fontana, Ferrere Abogados, Bolivia

Petrobras buys Shell assets
Petrobras buys Shell assets

Petrobras buys Shell assets

02 February 2006

Petrobras has announced plans to purchase downstream operations from Shell in Colombia, Paraguay and Uruguay worth US$140 million.

Benchmark Uruguayan trust launched
Benchmark Uruguayan trust launched

Benchmark Uruguayan trust launched

24 November 2005

A trust has been established by the city of Montevideo to raise money for its transport system. On 4 November it issued peso-denominated securities worth 532 million Uruguayan pesos (US$22.5 million).

Uruguay loses US$128 million arbitration
Uruguay loses US$128 million arbitration

Uruguay loses US$128 million arbitration

06 October 2005

Three banks have been awarded a total of US$128 million including fees and interest for breach of contract in arbitration proceedings against the Republic of Uruguay before the International Chamber of Commerce.

Dana sale spans the Americas
Dana sale spans the Americas

Dana sale spans the Americas

04 March 2005

Dana Corporation, has sold its automotive aftermarket business to Affinia, an affiliate of The Cypress Group, in a deal with a global value of some US$1.25 billion. The divestiture, which included the sale of operations in five Latin American countries, comprised some US$950 million in cash and a seller’s note with a face value of US$74.5 million. The transaction, which was first announced on July 8, closed on November 30.

Loan to aid rice producer
Loan to aid rice producer

Loan to aid rice producer

04 March 2005

The Inter-American Investment Corporation (IIC) has approved a five-year, US$5 million A loan and a US$5 million B loan to SAMAN, a major Uruguayan rice producer. The deal closed on December 20, 2004.

Telefónica buys Bellsouth's Latin American operators
Telefónica buys Bellsouth's Latin American operators

Telefónica buys Bellsouth's Latin American operators

14 January 2005

Spanish telco Telefónica SA has completed the acquisition of Bellsouth Corporation’s Latin American mobile phone assets, for US$5.8 billion, reportedly creating the largest mobile operator in the region. The last part of the deal closed on January 11.

ADM Investment and Stellamaris to build US$31 million port facility in Uruguay
ADM Investment and Stellamaris to build US$31 million port facility in Uruguay

ADM Investment and Stellamaris to build US$31 million port facility in Uruguay

09 July 2004

Grain processor ADM Investment Ltd and maritime logistics company Stellamaris Internacional have signed an agreement with the Uruguayan government to construct and develop a US$31 million port facility in the country’s free zone area of Nueva Palmira. The accord was signed on June 18 and work on the facility is expected to begin in July.

Scanvaegt wins contract to track Uruguayan meat
Scanvaegt wins contract to track Uruguayan meat

Scanvaegt wins contract to track Uruguayan meat

02 July 2004

Uruguayan state meat agency Instituto Nacional de Carnes (INAC) has reached an agreement with Danish food technology company Scanvaegt International for a contract for the implementation of the ‘Cajas Negras’ (Black Boxes) system to be installed in 38 local meat processing plants. The contract was signed on June 4.

IIC supports Uruguayan free trade zone
IIC supports Uruguayan free trade zone

IIC supports Uruguayan free trade zone

12 March 2004

Uruguayan free trade zone operator Zonamerica SA has been granted a nine-year, US$4.5 million loan by the Inter-American Investment Corporation (IIC). The agreement was executed on December 22, in the presence of the President of Uruguay, Jorge Batlle and the President of the Inter-American Development Bank, Enrique Iglesias.