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LatinNews Daily - 26 January 2023
In brief: Brazil’s bankrupt Americanas owes US$8bn, says court
* A Rio de Janeiro court has revealed that the bankrupt Brazilian retail giant Americanas owes creditors R$41.23bn (US$8.12bn), further revealing the financial turmoil within the company. Americanas, which filed for bankruptcy in Brazil on 19 January after disclosing accounting inconsistencies of around R$20bn, also filed for bankruptcy in the US yesterday to protect its US assets from creditors while its Brazilian insolvency claim is being processed, according to Bloomberg.
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