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Brazilian Utility Heard Waiting on IPO

Jan 17, 2013

Companhia Estadual de Aguas e Esgotos (Cedae) is heard postponing plans for IPO at least until the next issuance window, according to sources familiar with the process....

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The most pressing issue is related to guaranteeing this growth of the system, the savings. We have to guarantee that this growth is followed by better asset managers on the side of the Afores.

Carlos Ramírez, Mexico’s pension regulator, Consar


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