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Peru Retail Builds IPO Book

Oct 3, 2012

InRetail Peru was heard with oversubscribed order books Tuesday ahead of today’s scheduled IPO pricing, targeting more than $400m. The unit of the Intercorp group operating retail assets including Inkapharma...

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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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