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Developer Resurrects Argie Equity

Oct 31, 2010

Argentine real estate developer TGLT has priced an ARP433.6m ($109.6m) IPO, the country’s first in more than 2 years. TGLT priced 48m shares...

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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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