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JBS Closer to Private Placement

Nov 17, 2009

Brazilian meatpacker JBS is moving closer to clinching $2.5bn through the private placement of shares, according to local news agencies that cite Joesley Batista, the company’s CEO. The deal will likely be...

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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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