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Pacasmayo Open to M&A: CEO

Mar 21, 2013

Peru’s Cementos Pacasmayo continues to search for acquisitions, CEO Humberto Nadal tells LatinFinance. The cement company is currently open to targets of up to $600m-$700m, he says, and depending on the opportunities available, could look to execute on a deal this year. A purchase of more than $300m could...

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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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