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Chilean Retailer Raises $43m Via IPO

Dec 4, 2009

Empresas Hites has raised CLP21.5bn ($43m) in Chile’s second IPO of the year. The retailer sold 104m shares, representing a 30% stake, at...

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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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