Interacciones Targets Re-IPO

Interacciones Targets Re-IPO

Mexico Equity

Grupo Interacciones is preparing an equity offering, it says, and expects to approve the plan at an October 9 meeting. The specialist in public sector and infrastructure lending has a small and illiquid float, meaning the follow-on transaction would function as re-IPO. The financial group anchored by Banco Interacciones plans to set an indicative price range prior to pricing, according to regulatory documents, as in an IPO. The deal is to include primary and secondary shares, sold through Mexica

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