News of grupo

Clarín, Argentine media's ‘Vampire squid’, lives on

30-05-2026 05:43 Control of the media is one of the ultimate levers of power. Just ask Grupo Clarín, Argentina’s largest and most important media conglomerate.

by Agustino Fontevecchia

Privatisation plans

Milei’s auction of nation's railroads risks sidelining US-backed bidder

21-04-2026 10:37 The model Milei's administration has chosen for the auctioning off of Argentina’s decaying freight railways has drawn criticism from industry experts and risks sidelining one of the most prominent bidders.

PRIVATISATION PUSH

Milei pushes ahead with Belgrano Cargas privatisation tender

31-03-2026 07:58 Milei government pushes privatisation timetable with Belgrano Cargas freight tender; Government’s ‘open access’ rail model unsettles investors as exporters and Grupo México weigh bids

BUSINESS & INDUSTRY

Arcor, Danone take control of La Serenísima, reshaping dairy market

26-03-2026 00:20 National dairy producer La Serenísima has new owners, Grupo Arcor and Danone will share equal control of Mastellone Hermanos SA, owner of La Serenísima brand; Value of deal not disclosed.

CRIME: Robbery that stunned a nation

Argentina remembers the ‘Heist of the Century,’ 20 years on

13-01-2026 12:01 Two decades ago, a criminal gang entered a branch of Banco Río in San Isidro, taking 23 people hostage. In a daring operation involving underground tunnels, inflatable rafts and fake weapons, they managed to outwit 300 police officers and escape – albeit temporarily – with bagfuls of cash and jewellery. Twenty years on, only around US$1.5 million has ever been recovered, with the fate of the rest of haul unknown.

Corporate defaults

Milei’s FX reforms spur worst corporate default wave since 2020

12-08-2025 15:21 Javier Milei’s reforms are fuelling the worst streak of corporate defaults since the pandemic.

COURTS

Supreme Court revives Correo Argentino court case linked to Macri family

24-06-2025 11:18 Supreme Court reactivates Correo Argentino case, rejects Grupo Macri appeal; Judges accused of “manifest enmity” towards former president to remain on the case.

SALE SUSPENDED

Milei blocks sale of Telefónica Argentina to Clarín’s Telecom

25-03-2025 11:02 Government explains why it has moved to halt purchase of Telefónica Argentina by Telecom; Guillermo Francos warns deal would create an oligopoly in the telecommunications sector.

SCANDAL IN URUGUAY

Uruguay rocked by US$300 million in cattle fraud claims

20-03-2025 12:21 Urugauy is facing one of its biggest-ever retail investor fraud cases, with companies peddling cattle investments accused of bilking savers out of hundreds of millions of dollars.