Company News, Financial News

Dial To Exit Argentina

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By: TOM BRANNA

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l The Dial Corporation announced that it has reached an agreement to sell its Argentina business to an entity designated by Southern Cross Group, a private equity investor in Argentina. The pending transaction is structured as a sale of the assets of Dial Argentina S.A., which includes the stock it holds of its two subsidiaries, Sulfarge, S.A. and The Dial Corpor-ation San Juan S.A. The sale is subject to satisfaction of negotiated closing conditions and receipt of approvals under Argentina’...

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