CANNES -- The Weinstein Co. has acquired North American, Australian and New Zealand rights to Israel Adrián Caetano's Argentinean fact-based thriller "Buenos Aires 1977" (Cronica de Una Fuga), which will screen Saturday In Competition at the Festival de Cannes. The film tells a true but little-known story of the goalkeeper of a minor soccer league (Rodrigo de la Serna) who was kidnapped by a fascist Argentinean government squad and sent to a detention center. After four months of physical and mental torture, and facing possible execution, he bands together with three other young men to plan his escape. The goalkeeper is played by Rodrigo de la Serna, whose credits include "The Motorcycle Diaries." The film was moved from the Un Certain Regard section to the competition at Cannes in late April. The deal is part of the Weinstein Co.'s new Latin American fund formed with Eduardo Costantini Jr. to finance the production and acquisition of Latin American films. Weinstein Co. exec vp acquisitions Maeva Gatineau brought the project to the company's attention. Vincent Maraval and Carole Baraton negotiated on behalf of Wild Bunch with Weinstein Co's Barry Littman.