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Mexichem Ups Wavin Bid, Gains Access To Books

Jan 3, 2012

Mexichem raised its offer over the holidays for plastic pipe systems manufacturer Wavin, which in turn allowed the Mexican company access to its books. Mexichem is now offering EUR10 per share for Wavin. This comes after a series proposals including...

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“The crisis has been a setback for reserve diversification."

Jan Dehn, Ashmore Investment Management