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Direcional to Steer Shares in Mini Offering

Nov 17, 2009

Brazilian homebuilder Direcional Engenharia is moving ahead with its IPO, scheduled for today, though for a substantially reduced size. At an estimated BRL293m, the deal would be by far the smallest offering done on the...

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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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