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Peruvian Clinches ADS Debut

Jul 24, 2013

Peru’s Grana y Montero has set the price for an equity follow-on representing the debut of its US ADS that should raise at least $396m. The Peruvian builder set a PES11.75 per share price late Tuesday, according to people following the sale, which would indicate a PES1.1bn ($396m) transaction at the original 81.4m-share base...

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