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San Antonio Drills for IPO

Aug 13, 2008

San Antonio Internacional, the Bermuda-based privately held onshore drill servicer, has filed for an IPO on the Bovespa through a listing of BDRs via Itau BBA, the lead, Credit Suisse and Deutsche Bank. The company, whose assets are spread around Argentina, Mexico, Venezuela, Colombia, Bolivia, Ecuador and Brazil, is heard to be targeting an...

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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."

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