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Contour Global Pulls Colombia IPO

Dec 8, 2011

Another 2011 LatAm IPO has failed Wednesday when ContourGlobal LatAm’s COP273bn ($143m) sale failed to get a minimum demand. This move comes as surprise as it...

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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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