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Announced

IG4 Capital to acquire a minority stake in Grana y Montero.

Synopsis

Brazilian private equity firm IG4 Capital is set to acquire a minority stake in Peruvian construction conglomerate Grana y Montero. Financial terms were not disclosed. A condition for the deal to be concluded is an agreement with prosecutors to exempt the acquirer of Grana y Montero from fines related to corruption investigations.

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