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JBS Orders More Poultry

Nov 6, 2012

Brazil’s JBS has agreed to acquire Brazilian chicken products company Agroveneto for about BRL128m ($63m), the company says. The meatpacker will pay BRL10m in shares and take on Agroveneto’s debt. “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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