Argentine Investor Group Acquires InterCement Debt Stake for Nearly $400 Million
BUENOS AIRES – An Argentine investor group has purchased aโค notable stake in the debt of InterCement, a Brazilian cement producer, for approximately $400 million, according to a โขreport by Clarin citing sourcesโฃ with knowledge of the transaction. The deal, slated for official announcement โคat a shareholder meeting on October 6, signals a โnotable financial maneuver within the Latin american cement industry and reflects growing Argentine investment in โคBrazilian assets.
The acquisition positions โthe Argentine investors as key stakeholders in InterCement’s financial future. The move comes as InterCement navigates a competitive market and ongoing infrastructure progress across Brazil. The debt stake purchase is expected to โbe a focal point of discussion atโ the upcoming shareholder meeting, where details of the transaction and its implications for the company’s strategy will be unveiled.
Clarin reported the transaction was finalized recently, with the formal announcement scheduled for InterCement’s October 6 shareholder’s โmeeting. The Argentine investor group’s identity remains undisclosedโค as of today, September 27, 2025. The nearly $400 million investment underscores confidence in InterCement’s long-term prospects despite broader economic uncertainties in the region.