Through a resolution published on Tuesday in the Official Gazette, the hiring of a bank is ordered to assess the state shares in the company and its subsequent sale in capital markets.
The Government launched the process of privatization of Argentine water and sanitation (AYSA). Through resolution 1198/2025 of the Ministry of Economy, the steps for the sale of 90% of the company’s shares to the private sector began.
The measure, published on Tuesday in the Official Gazette, almost a month after the operation was authorized, determined a Eight months to complete the operation.
On July 23, privatization had been announced after the statute of the company was modified, which allowed progress with the sale of the state shareholding package.
Privatization of AYSA: What orders the resolution?
With the resolution, the Ministry of Economy instructed the Public Business Transformation Agency – through its Temporary Special Executing Unit – to carry out the process. He also ordered the Ministry of Public Works to prepare the corresponding technical and contractual documentation, including the concession contract.
Economy said that the public business transformation agency must hire a state bank for the valuation of the AySA share package, specify the sale within eight months and execute all the necessary measures to place in the local markets the actions that are still held by the State.
The text published today highlights that appraisal must be carried out by national, provincial or municipal public bodies and, if this is not possible, international or private entities may be appealed, which may not intervene in the award process. Anyway, appraisal will retain an official budget character.
In parallel, the Government reported that the Tailed Court expressed its “impossibility” of carrying out a complete valuation of the company in a “reasonable” time.
The sales scheme will combine two instruments, under the regulation of the National Securities Commission (CNV). The presidential spokesman, Manuel Adorni, argued that the transfer of shares will seek to “modernize the sector” and increase the quality and value of the service.
Regarding 10% of the remaining capitalit was clarified that will continue in the hands of Aysa’s workerswithin the participated property program that the company already has in force.
Weeks ago, Union deputies for the country They presented one initiative to reject Decrees 493/2025 and 494/2025 issued by the Executive Power, in which they reinforce the water provision system and begin the process of AYSA privatization.
Source: Ambito
