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Ecodiesel-Vanguarda Merger Advances

Sep 8, 2011

Shareholders of Brasil Ecodiesel have approved a plan to buy Vanguarda by using BRL1.1bn worth of new shares. Ecodiesel, Brazil’s largest biodiesel manufacturer, will issue new shares to...

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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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