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Brazil's JBS Readies Share Exchange, Vigor IPO

Feb 13, 2012

Brazilian meatpacker JBS plans to launch an IPO for Vigor Alimentos, its dairy subsidiary, and to exchange JBS stock held by its own shareholders with newly issued Vigor shares. The company has filed the IPO and the voluntary tender offer plans with...

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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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