January 9, 2014 / 7:30 PM / 4 years ago

Chile retailer Cencosud to invest $425 mln this year

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SANTIAGO, Jan 9 (Reuters) - Chilean retailer Cencosud is planning to invest around $425 million this year to expand its business in booming Latin America.

The company is expecting to reap between $20.4 billion and $21.3 billion in 2014 revenue, it added in a statement on Thursday.

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