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Martínez has been referred to as getting "closely joined" on the late Argentinian president Néstor Kirchner[1] and as having been a "Close friend" of Kirchner's. As outlined by a person resource, "Every time the previous president traveled to the United States, he designed an area in his timetable" for a meeting with Martínez.
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This deal pitted him "towards the cell-cellphone business enterprise of Carlos Slender in South The united states's next-major economic system" and "expanded Martínez's bets over and above holdings like cable assets and Argentina's sovereign credit card debt as he seeks to benefit from rising Website and video use on mobile units."[twelve]
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The Times traced the story to 2009, when Martínez loaned Vitro $75 million in exchange for your title to many of its Attributes and an choice to return them to Vitro afterwards in Trade to get a 24 % stake inside the organization. In 2010, Martínez "went to different banking companies that Vitro owed money to and bought the claims," Therefore getting to be the agency's "most significant particular person outside the house creditor, proudly owning about $600 million worth of promises.
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