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SAO PAULO (Reuters) – U.S vintage cufflink makers. private equity firm Advent International Corp is preparing to launch a $2.2 billion fund to invest in Latin American companies, two people with knowledge of the matter told Reuters. The fund launched in coming days will be Advent’s seventh for Latin America and its largest for the region. Advent’s last Latin American fund reached $2.1 billion in commitments in 2014. Advent declined to comment on the matter. Advent has invested in companies in Brazil, Colombia, Argentina, Chile, Mexico and Peru. The firm intends to close the fund-raising by September, according to one of the sources, who asked for anonymity because discussions are still private..
Advent’s move underscores how long-term investors have not soured on Latin America despite weaker growth and political risks, betting on rebounding growth in coming years as the International Monetary Fund forecasts vintage cufflink makers. One of Advent’s largest bets in Latin America was the acquisition of an 80 percent stake in the Brazilian operations of Walmart Inc in June. The world’s biggest retailer did not receive payment for the unit and took a non-cash charge of roughly $4.5 billion. Advent agreed to invest 1.9 billion reais ($483 million) to turn around the geographically sprawling and poorly integrated operations..
SAN FRANCISCO/SHANGHAI (Reuters) – Amazon.com Inc on Thursday said it is notifying sellers that it will no longer operate a marketplace nor provide seller services on its Chinese website, Amazon.cn, from July 18. “We are working closely with our sellers to ensure a smooth transition and to continue to deliver the best customer experience possible,” a spokeswoman told Reuters in a statement. “Sellers interested in continuing to sell on Amazon outside of China are able to do so through Amazon Global Selling.” vintage cufflink makers.
SAN FRANCISCO (Reuters) – Apple Inc and Qualcomm Inc on Tuesday settled an acrimonious two-year legal dispute. Shortly afterward, Intel Corp said it will exit the smartphone modem chip business. The entire drama played out as the mobile phone industry prepares to shift to a technology called 5G vintage cufflink makers. Echoing complaints from the U.S. Federal Trade Commission, Apple had alleged that Qualcomm used its patent licensing business to keep a monopoly on modem chips that connect devices like the iPhone to wireless data networks. Qualcomm insisted that Apple was using its valuable technology without proper payment, and Apple later dropped Qualcomm’s chips in favor of those from Intel..
In the end, Apple and Qualcomm ceased all litigation, with Apple signing a six-year licensing deal with Qualcomm and also agreeing to buy Qualcomm chips. Hours later, Intel said it was getting out of the modem chip business. [nL3N21Y466] vintage cufflink makers. 5G is a new network technology for wireless communications that could be up to 100 times faster than current 4G networks. The networks are coming on line in the United States, China, South Korea and other places this year, but probably will not be widespread until 2020. Modem chips connect devices like phones to these networks..