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Cosan OKs Acquisition Debt

May 10, 2012

Cosan will issue BRL3.3bn ($1.68bn) in debentures to cover costs of the acquisition of a majority stake in Comgas, it says....

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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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