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UK’s CDC Group reports valuation loss of $112M in 2011

By Madhav A Chanchani

  • 31 May 2012
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UK’s CDC Group reports valuation loss of $112M in 2011

UK’s development finance institution CDC Group Plc reported a valuation loss of $112 million (£72 million) in 2011 as compared to a valuation gain of $420 million (£269 million) in 2010. The losses have come due to 'difficult financial market conditions in many developing countries'.This is the largest fall since ......

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