F&C calls for legal protections in Brazil

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BRAZIL - Institutional investors have banded together to urge the Brazilian securities regulator, the Commissão de Valores Mobiliários (CVM), to provide greater legal protections for minority shareholders.

F&C was joined by other investors in the UK, US and Europe, following a bid launched on 6 August 2008 by Votorantim Celulose e Papel (VCP) to gain control of fellow pulp and paper producer Aracruz....

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