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Spanish PE Takes Control of Brazilian Restaurant

Jul 31, 2012

Spanish private equity firm Mercapital has acquired a 70% stake in the Rubaiyat restaurant group for EUR46m ($57m), it says. The...

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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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