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Brazil's MRV Engenharia weighing investment in US homebuilder AHS

Brazilian homebuilder MRV Engenharia e Participações SA said it is considering making an undisclosed amount of investment in its Miami-based peer AHS Residential LLC.

MRV, however, clarified that it has not entered into any binding document nor has it made a decision regarding the implementation of the investment. Any investment remains subject to the evaluation of the company's independent board to be appointed by the management, the company added.