Fiplasto sells land in Santa Fe for USD 22.36 million

Bitget2026/10/28 20:40

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Fiplasto signed an agreement to sell a rural property in Timbúes, Santa Fe province, for USD 22.36 million.
The property, designated Lot 7, covers approximately 383.77 hectares and has potential for port development.
A USD 2.5 million advance was received at signing; another USD 2.5 million is due upon transfer of title.
The USD 17.36 million balance is payable in eight consecutive semiannual installments, with compensatory interest included in each payment.
Proceeds will support financial debt restructuring, strengthen working capital and help plan a possible relocation of industrial operations.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fiplasto SA published the original content used to generate this news brief on October 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Fiplasto sells land in Santa Fe for USD 22.36 million

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