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Peruvian Prices Retail IPO

Oct 4, 2012

Intercorp’s InRetail Peru unit has priced a $460m IPO, with the oversubscribed deal landing just below the midpoint. The sale is Peru’s largest new equity issue in six years and offers equity investors their first real crack at the consumer demand side of one of LatAm’s fastest-growing economies. The...

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“The crisis has been a setback for reserve diversification."

Jan Dehn, Ashmore Investment Management