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Estacio Plans Follow-on

Dec 4, 2012

Brazil’s Estacio plans to raise BRL623m ($294m) through an equity follow-on, it says. The education company plans to...

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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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