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Significados de argentine asset em inglês
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Uso de argentine asset em inglês
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Economic analysts said Monday's announcement was good news for Argentineassets.
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But sentiment among investors regarding Argentineassets is improving ahead of October presidential elections.
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But local stocks, as well as other Argentineassets, were benefiting from improved sentiment.
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Argentineasset prices have plummeted as the economy slips into recession and fiscal worries persist.
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Interest in Argentineassets has increased since President Mauricio Macri's business-friendly administration took office in December 2015.
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Since center-left candidate Alberto Fernandez's win in the August primary election Argentineassets have continued to crumble.
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Monday was a U.S. holiday, which could help control losses in Argentineasset prices by reducing trading volumes, Buteler tweeted.
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But the creditors have largely been unable to collect since most Argentineassets are protected by U.S. sovereign immunity laws.
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Dundee analyst Rodney Cooper noted that the bid provides Peregrine's investors with a significant premium and fairly values the company's Argentineasset.
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Speculation over a takeover has been weighing on Argentineasset prices for weeks, meaning Monday's news had been factored in by many investors.
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The price would be far less than the $2.45 billion that Sinopec paid in 2010 to buy the Argentineassets from U.S.-based Occidental Petroleum Corp.