Aguas Argentinas set for tearful ending
- From: Vol 6, Issue 2 (February 2005)
- Category: General
- Region: Americas
- Country: Argentina
- Related Companies: Aguas Argentinas, Aguas de Barcelona and Suez
Having survived the peso devaluation, the largest private water concession in the world is now threatened by populist politics. Leticia Lozano reports.
In the coming weeks, the two-year battle between Aguas Argentinas, majority-owned by France’s Suez, and the Argentine government could be at an end if the South American nation goes ahead with a controversial plan to buy a stake in the firm or cancel the concession altogether. After hundreds of millions of dollars in investment, neither option offers much satisfaction ...
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