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View Full Version : Votorantim Takes Over Aracruz After Derivatives Loss - Bloomberg



NewsWhore
01-20-2009, 05:50 PM
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Votorantim Takes Over Aracruz After Derivatives Loss (http://news.google.com/news/url?sa=T&ct=us/8-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3Dab8RzSGc4Rhs%26refer%3Dhome&cid=1295135102&ei=QEh2SemaIJmGgwOupanFCw&usg=AFQjCNE7383puMpqdvYKTQoAYmxjyHszxg)
Bloomberg - 6 hours ago
Aracruz shares have slumped 64 percent since Oct. 2, when the company announced $2.13 billion of losses tied to wrong-way currency derivatives. ...


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