Los Grobo Readies Brazil Push

Los Grobo Readies Brazil Push


Argentine agricultural company Los Grobo is launching a major expansion of its business in Brazil that could result in an IPO in three years. "We want to establish a platform in Brazil. Once we develop that we would plan for a float of shares," Alejandro Stengel, CEO of Los Grobo, tells LatinFinance. He adds that it is too early to say where his firm would list, but adds that the Bovespa is a very attractive option. To fund its Brazil push, Los Grobo has recently tapped Pactual Capital Partners

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