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Sanborns Oversubscribed Heading into IPO

Feb 7, 2013

Grupo Sanborns was heard oversubscribed Wednesday ahead today’s IPO pricing that is targeting MXP12.74bn ($1.00bn) and scheduled to price today. The deal is drawing interest from investors ready to bet on Mexico and...

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“The crisis has been a setback for reserve diversification."

Jan Dehn, Ashmore Investment Management