Abstract

PEREZ ARTICA, Rodrigo. Crisis and Sale of Large Companies in Argentina in the 90s. The Alpargatas Case. Innovar [online]. 2015, vol.25, n.55, pp.131-143. ISSN 0121-5051.  https://doi.org/10.15446/innovar.v25n55.47228.

A sharp process of denationalization of large firms has taken place in Argentina since 1990. This paper analyses the case of the denationalization of the firm Alpargatas, occurred in 1999. It concludes that the interruption of access to foreign and domestic credit, the local economic recession and the exacerbation of competence that occurred in the final years of the decade, played a key role in determining the lost of national control over the firm. The commercial and financial advantages that the firm exerted at the beginning of the decade were not enough to avoid its crisis.

Keywords : micro-Business history; Latin America; bankruptcy; liquidation; acquisitions; restructuring.

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