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Beamonte to Make Bid for Sare Holding as Soon as July 18

Beamonte Investments Inc. plans to make a bid to buy Mexican homebuilder Sare Holding SAB as soon as July 18, said Luis Trevino, managing director for Latin America at the Boston-based private equity company.

Beamonte plans to retain an investment bank for the transaction by tomorrow, he said today in a telephone interview from Boston. He declined to say how much the company will pay or the bank that will advise it on the deal.

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