Buenaventura Puts Acquisitions on Ice

Buenaventura Puts Acquisitions on Ice

People Corporate & Sovereign Strategy

In early September, Buenaventura CEO Roque Benavides said that the company was looking for acquisition opportunities. But as the global economy slides, the Peruvian miner is putting potential deals on hold. However, it is keeping its eyes open for targets to acquire in the future, vice president and CFO Carlos Galvez tells LatinFinance, adding that he expects the crunch to last more than a year. “The most important thing right now is to stay liquid and be careful about spending our cash. Cash gi

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