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OGX Issues BRL2.29bn in Equity

Dec 19, 2007

OGX, the oil and gas venture, raised BRL2.29bn Thursday in a private share offering to existing investors. OGX was created by Brazilian entrepreneur Eike Batista this year to bid on large...

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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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