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Investors Heard Pressuring IMC on Valuation

Dec 16, 2009

IMC, the restaurant holding company owned by PE firm Advent International, is heard haggling with investors on valuation for its IPO, scheduled to price tomorrow, December 17. One buysider says investors are calling...

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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."

Julio Velarde, Peru central bank


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