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Mitsubishi Buys Brazilian Grain Stake

Jan 30, 2012

Mitsubishi has agreed to purchase a 20% stake in Grupo Los Grobo’s Ceagro do Brasil unit, one of Latin America’s top grain producers, for about JPY3.5bn ($45.61m). Recently appointed Ceagro CFO Antonio Oliva Neto tells LatinFinance that the deal brings important...

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The most pressing issue is related to guaranteeing this growth of the system, the savings. We have to guarantee that this growth is followed by better asset managers on the side of the Afores.

Carlos Ramírez, Mexico’s pension regulator, Consar


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