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Tupy Nabs Mexican Foundries in $439m Deal

Nov 18, 2011

Brazilian cast iron component maker Tupy has agreed to buy two Mexican foundries from Grupo Industrial Saltillo for...

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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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