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Cencosud Pays R$875m for Brazilian Supermarket Chain

Nov 17, 2011

Chile’s largest retail company Cencosud has agreed to acquire Brazilian supermarket chain Prezunic for R$875m ($494.4m), after days of rumors regarding the transaction. Considering working capital...

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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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