Molinos Rio de la Plata S.A.

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• Fitch Upgrades Select Argentine Corporate Ratings

  - 2005-07-12

  CHICAGO -- Fitch Ratings has upgraded select long-term foreign currency LTFC, long-term local currency LTLC and national scale ratings of several Argentine corporates following Argentina's debt exchange in June 2005 and concurrent upgrade by Fitch of the Argentine country ceiling to 'B' from 'B-'. The related rated actions are as...

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• Fitch Ratings Affirms Molinos Rio de la Plata at 'B-'

  - 2004-12-23

  NEW YORK -- Fitch Ratings has affirmed Molinos Rio de la Plata, S.A. Molinos international scale local currency rating at 'B-'. The rating also applies to Molinos' senior secured export notes SENs. The Rating Outlook is Stable. The ratings reflect the Molinos' ability to earn dollar-based revenues through exports....

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• Argentina: Molinos sells to Bunge Ukraine vegetable oils operation.

  - 2004-10-29

  Argentina, Oct 29, 2004 (El Cronista/SABI via COMTEX) Molinos Rio de la Plata continues reorganizing its business and decided to sell to Bunge, for US$19.3mil, its soybean and sunflower vegetable oils packaging & distribution business in Russia and former URSS countries. These, as other...

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• Argentina: Molinos Rio de la Plata invests US$1.9mil in Chile.

  - 2004-09-22

  Argentina, Sep 21, 2004 (La Nacion/SABI via COMTEX) Molinos Rio de la Plata, the Argentinean food company which is owned by the Perez Companc group, has invested US$1.9mil in Novaceites, a 50/50 joint venture in the Chilean vegetable oil sector with Corpora Tresmontes, the...

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• Molinos Rio de la Plata targets Omega and Huser vinegar brands.

  - 2004-08-24

  Argentina, Aug 24, 2004 (El Cronista/SABI via COMTEX) Molinos Rio de la Plata, the Argentinean largest food company, which is owned by the Perez Companc family, has shown some interest in acquiring Poo, the local condiments, sauces and vinegar producer which Sabores Argentinos, the...

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• Green light for Molinos Rio de la Plata and Cargill projects in Santa Fe.

  - 2004-08-18

  Argentina, Aug 18, 2004 (El Cronista/SABI via COMTEX) The government of the Argentinean province of Santa Fe has given the green light for the investment projects by Molinos Rio de la Plata, the Argentinean largest food company which is owned by the Perez Companc ...

  Tags: Cargill, Molinos Rio de la Plata S.A.

• Molinos Rio de la Plata acquires Minerva from Pernod Ricard.

  - 2004-08-14

  Argentina, Aug 13, 2004 (El Cronista/SABI via COMTEX) Molinos Rio de la Plata, the Argentinean largest food company which is owned by the Perez Companc family, has acquired the total control of Minerva Jugos Naturales Minerva, the leading Argentinean lemon juice company, from the...

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• Molinos Rio de la Plata reorganizes, focus on food processingq.

  - 2004-05-06

  Argentina, May 6, 2004 (El Clarin/SABI via COMTEX) Molinos Rio de la Plata, controlled by Perez Companc, is engaged in a strategy to firm its presence in the food processing market of Argentina, Chile, Peru, and Southern Brazil. The company emerged quickly from the...

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• Molinos Rio de la Plata back in the black.

  - 2004-03-11

  Argentina, Mar 10, 2004 (El Cronista/SABI via COMTEX) Molinos Rio de la Plata, the Argentinean food company, posted net profits of Pesos$1mil in 2003, compared with losses of nearly Pesos$85mil in 2002. Pre-tax profits totaled Pesos$73.3mil. The company has said consolidated profits were generated...

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• Molinos Rio de la Plata's US$80mil investment at risk due to political disputes.

  - 2004-02-04

  Argentina, Feb 3, 2004 (La Nacion/SABI via COMTEX) Molinos Rio de la Plata, the Argentinean food company, has warned that an internal political dispute in the town of San Lorenzo, in the province of Santa Fe, may jeopardize plans to invest US$80mil in the ...

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