Bottler Set for ECM Reintroduction

Bottler Set for ECM Reintroduction

Mexico Equity

Mexico's Cultiba is scheduled to price today an equity sale that should raise at least MXP3.94bn ($312m). Billed as a re-IPO, the Pepsi bottler formerly known as Embotelladoras Unidas is offering 112.7m shares, including a 14.7m share greenshoe, at MXP35.00-MXP40.00 each, according to regulatory documents, indicating a MXP4.20bn transaction at the midpoint. The transaction was heard to be covered late Tuesday, though people following the sale report the issuer communicating substantial internati

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial