Brazil Leads Latin American IPO Surge [Global Finance]
By Platt, Gordon | |
Proquest LLC |
Brazilian companies are rushing to go public despite a double-digit decline in the benchmark
The largest IPO to date was state-controlled Banco do Brasils
"The biggest surprise in global IPO issuance this year has been the resurrection of the Latin American IPO market," according to a report by
Smiles, the frequent-flier unit of
CEMENT MAKER PLANS IPO
The decline in the Brazilian stock market reflects the country's stagnant economy and rising consumer prices.
The greater
At the same time,
In the DR market,
- GP
Copyright: | (c) 2013 Global Finance Media Inc. |
Wordcount: | 598 |
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