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Banks Suggest Lower Price for UOL Offer

Aug 31, 2011

Advisors to Brazil’s Folhapar should offer minority shareholders of its Universo Online (UOL) unit BRL16.83 per share,...

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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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