Eurnekian, near the duty free shops selling the fund Advent.
In its race to buy Telecom Argentina, Eduardo Eurnekian and dodged several obstacles: the group with the permission of the Government and was elected by the Italians as a finalist, along with Roman and IRSA. Now, the employer is terminating raise funds to finalize the acquisition. And a good part will come from the sale of the dealership shops.El free airports are close to signing with Advent, the investment fund until last year owned the OCA, to sell control of its business tax free shopping. Martin Eurnekian (nephew of Edward) who operates from Uruguay is all local. The government say that the State has no connection with Interbaires, the company that holds the concession of the free shops. The Ministry of Defence had 20% of the company and was intended to give that part to the current owners for $ 9 millones.La Eurnekian negotiating with Advent is, however, by hundreds of millions. The employer tendered, together with Matias Garfunkel, about U.S. $ 580 million for the part of Telecom Italia in Telecom Argentina. It is believed that the final figure of this transaction will be slightly higher (about U.S. $ 600 million). Thus, would -At least, the $ 300 million of its share in the offer. Besides Argentina, Eurnekian has free shops in Montevideo, Guayaquil and Armenia, which also owns a bank. And he proved to Credit Suisse (which handles the sale of Telecom) that money is available for purchase. In their environment, they refuse to talk about it, because Interbaires not recognize as their own. Advent executives did not return calls this diario.Los free shops billed $ 170 million in the country and almost double the outside. Dufry owns Advent, a giant of this kind of trade that has a presence in 811 airports, with sales of U.S. $ 2,000 million annually. Dufry want Interbaires since 2005, according the trade publication The Moodie Report, in which managers typically leave Interbaires. It is assumed that the granting of Interbaires expired this year (with the Airport), but they were extended to 2027 by decree in the government of Nestor Kirchner.
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