Posted On: 12/26/2016 3:29:00 PM
Post# of 51861
After Mexico IPOs Dwindle, Two Companies Try to Buck Slump
A new real estate investment trust and a homebuilder are attempting to defy Mexico’s share sale slump with debut offerings that would double the number of IPOs this year.
Fibra Plus is aiming to raise 2.1 billion pesos to 2.9 billion pesos ($106 million-$146 million) on the stock exchange in October or November, Chief Executive Officer Gustavo Tome said in an interview Tuesday. Vinte Viviendas Integrales, a Mexican homebuilder, also announced this week plans for an initial public offering Sept. 28.
https://www.bloomberg.com/news/articles/2016-...-the-slump
A new real estate investment trust and a homebuilder are attempting to defy Mexico’s share sale slump with debut offerings that would double the number of IPOs this year.
Fibra Plus is aiming to raise 2.1 billion pesos to 2.9 billion pesos ($106 million-$146 million) on the stock exchange in October or November, Chief Executive Officer Gustavo Tome said in an interview Tuesday. Vinte Viviendas Integrales, a Mexican homebuilder, also announced this week plans for an initial public offering Sept. 28.
https://www.bloomberg.com/news/articles/2016-...-the-slump
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