Word: banco
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Dates: during 2000-2009
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Forgach did the Muana deal for Sao Paulo's Banco Axial as part of an assignment to find undervalued companies that were helping preserve the environment. In June 2000 he bought out the bank's "green" investment division and partnered with a Boston-based investment firm, GMO Renewable Resources, whose capital comes mainly from private institutions. Together, they launched A2R and continued to work on both the business health of Muana and the well-being of its workers. "If you want to help the environment and reduce the risk for investors," says Forgach, "you must alleviate poverty in the region...
...years of research and more than a few last-minute panic attacks from would-be manufacturing companies, the moment of reckoning has arrived: The Population Council has concluded a hugely successful drug trial in which 92 percent of the participants achieved a "favorable" outcome and a marketing group, Banco Laboratories, and manufacturer (the name of which remains anonymous) have been pinpointed...