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How an Obscure Fertilizer Deal Enriched a Mexican Billionaire

How an Obscure Fertilizer Deal Enriched a Mexican Billionaire

After tycoon Ricardo Salinas Pliego used shell companies to gain control of a struggling firm called Fertinal from a government agency at a discount, his bank loaded it with high-interest debt and Mexican state oil giant Pemex acquired it for an inflated price.


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8 April 2021, 17:12