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Bank Market Waits for Cemex

Nov 1, 2006

The latest in a series of multi-billion dollar Latin American acquisition loans – a $12.8 billion Cemex deal to buy Rinker -- is taking its time to come to market. Bankers are keeping details of the bridge financing to fund the unsolicited Cemex takeover of the Australian...

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The most pressing issue is related to guaranteeing this growth of the system, the savings. We have to guarantee that this growth is followed by better asset managers on the side of the Afores.

Carlos Ramírez, Mexico’s pension regulator, Consar


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