Gaucho group holdings to acquire additional real estate assets in argentina in non-cash transaction to increase shareholder equity

New york, ny / accesswire / september 14, 2021 / gaucho group holdings, inc. (nasdaq:vino), a company that includes a growing collection of e-commerce platforms with a concentration on fine wines, luxury real estate, and leather goods & accessories, today announced that its shareholders had approved the purchase of additional land holdings in argentina in an all-stock transaction valued at approximately $2.4 million. the purchase price was determined from an evaluation of the real estate performed by an independent third-party.
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