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Economy & Business - July 2011 (ISSN 1741-7430)

RETAIL: Polar’s problems continue

Chile’s troubled retailer is still in deep trouble. The country’s pension funds have been unloading shares in the company. The latest to do so was AFP Capital –a subsidiary of the Dutch banking group, ING, which sold out despite a rescue equity issue which gave the company a transfusion of US$220m on 4 July.

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