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UK PE Enters Brazil with Cable Buy

Dec 21, 2011

Private equity firm 3i has spent BRL100m ($54m) to acquire a minority stake in cable TV and broadband company Blue Interactive Group, marking the private equity firm’s first foray into Brazil. Officials at Blue Interactive declined 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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