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Bioenergy IPO to Test Markets

Jul 2, 2012

Brazil’s Louis Dreyfus Commodities has launched an IPO for its Biosev unit, targeting BRL782m-BRL971m ($389m-$483m), according to regulatory documents. The sugar, ethanol and bioenergy unit, also known as LDC Bioenergia, plans to price 41.2m primary shares July 18...

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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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