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BM&F Scoops up $3.3bn in IPO

Nov 29, 2007

Brazil's commodities and futures exchange, the BM&F, followed in the footsteps of the Bovespa Tuesday with a blowout IPO, which was heard more than 10x oversubscribed. The deal came at BRL20.00, at the top of a revised BRL18.00-BRL20.00...

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“The crisis has been a setback for reserve diversification."

Jan Dehn, Ashmore Investment Management