Jan 1, 2011

Investors could be forgiven for forgetting that Mexico had an equity market, or at least one with new issuers.

Snickers had greeted Bolsa officials’ past predictions of 3-5 IPOs "next year" and the LatAm field was dominated by Brazil.

With no IPOs since mid-2008, the market came back to life in May 2010. Size is still an issue, at least compared to Brazil, but Mexico saw five new floats in 2010, jump started by a brave family-owned supermarket chain.

Grupo Comercial Chedraui raised 5.23 billion pesos, pricing at 34.00 pesos,...

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