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Mexichem Reaches 95% of Wavin

May 24, 2012

Mexichem has increased its stake in Dutch plastic pipe maker Wavin to 95.7%, 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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