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VCP-Aracruz Terms Seen Shifting

Oct 5, 2008

The takeover of Aracruz by VCP – which recently agreed to pay $1.7bn to convert its existing 28% stake in the company into a controlling stake – to be shared with fellow stakeholder Grupo Safra, is expected by market watchers to move ahead. That is despite big losses in the FX market and a dramatic...

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