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Vale Says Not Seeking Big Ticket M&A

Aug 8, 2008

Roger Agnelli, the CEO of Brazilian miner Vale, says he is not focused on large acquisitions, according to wire reports citing his remarks on a Thursday conference call. A more likely scenario is for Vale to...

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"[While] it’s good to build more infrastructure and increase investment, you have to be conscious about the macro effects of too big an increase in domestic demand, including of course public expenditure."

Julio Velarde, Peru central bank


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