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Ceagro Eyes Local Financing for M&A

May 23, 2012

Grupo Los Grobo’s Ceagro do Brasil unit is considering raising up to BRL300m ($150m) in Brazil’s domestic market, through the sale of debentures or Certificados de Recebiveis Imobiliarios (CRI), CFO Antonio Oliva Neto tells LatinFinance. The grain producer needs funds to buy stakes of agriculture input retailers and to...

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