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February 18, 2008 |
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AES GENER: Resumes US$350 Million Capital Increase AES Gener said in a filing with the Santiago Stock Exchange that it has resumed an up to US$350 million capital increase, which was suspended in December 2007... Read More |
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AIR JAMAICA: Suspending Weekly Flights to St. Lucia on April 1 Air Jamaica will suspend its three weekly flights to St. Lucia on April 1, 2008, as part of its restructuring efforts, Radio Jamaica reports... Read More |
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BRASIL TELECOM: Will Get 3G Infrastructure From Ericsson & ZTE Brasil Telecom Participacoes SA said it has chosen telecoms equipment supplier Ericsson and telecoms equipment producer ZTE as suppliers for 3G network infrastructure... Read More |
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COSAN SA: Completes Acquisition of Usina BenAlcool S.A. Cosan S.A. Industria e Comercio disclosed that the negotiations to acquire 100% of Usina Benalcool have ended. The total value of the acquisition is BRL106.9 million, which will be paid mainly with the company's cash resources.... Read More |
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GRUPO MEXICO: Seeking to Regain Control of Asarco LLC Grupo Mexico SA, de C.V., told Dow Jones Newswires that it wants to regain control of its US unit, Asarco LLC... Read More |
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R&G FINANCIAL: U.S. SEC Okays Final Settlement on Financials R&G Financial Corp. reported on Feb. 13, 2008, that the U.S. Securities and Exchange Commission approved a final settlement with the company, which resolves the SEC's investigation of the company in connection with its previously announced restatement... Read More |
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TAM SA: Will Combine Frequent Flyer Programs With Lufthansa TAM and Lufthansa have initiated a partnership that will allow customers to accumulate and redeem frequent flyer points on Fidelidade TAM program and miles from Miles & More on flights operated by both airlines. The combination of the frequent flyer... Read More |
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UNIAO DE BANCOS: Board Approves New Stock Repurchase Program Unibanco - Uniao de Bancos Brasileiros S.A.'s and Unibanco Holdings S/A's Board of Directors approved the acquisition, by Unibanco, of preferred shares issued by Unibanco, as well as preferred shares issued by Unibanco Holdings. Such approvals are... Read More |
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Today's Top Stories have been selected from the Troubled Company Reporter - Latin America. To receive the Full TCR-LA please CLICK HERE.
