Bekaert further consolidates activities in Latin America
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Please find attached a press release concerning the further consolidation of its activities in Latin America.
Today, Bekaert and its Chilean partners signed an agreement to restructure the shareholding of their joint venture operations in Chile, Peru and Canada. As a consequence, Bekaert becomes the principal shareholder (52%) in the partnership, and will consolidate the results of all respective entities as of 2012 in the Group's financial statements.