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View Full Version : Aracruz Will Take $2.13 Billion Loss to Dump Bad Bets (Update1) - Bloomberg



NewsWhore
11-04-2008, 01:40 PM
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Aracruz Will Take $2.13 Billion Loss to Dump Bad Bets (Update1) (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3Da3mUUqSeMesI%26refer%3Dlatin_america&cid=1266749632&ei=45gQSZulHJD6lQS2t-jOBQ&usg=AFQjCNHgTKWNenjI1orC-JGZBoVKRjd7Ng)
Bloomberg - 54 minutes ago
4 (Bloomberg) -- Aracruz Celulose SA, the world&#39;s biggest eucalyptus-pulp maker, agreed to unwind 97 percent of its wrong-way currency derivative bets, ...


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