Viva Aerobus joins ECM hold club

Viva Aerobus joins ECM hold club

Equity

Mexican airline Viva Aerobus postponed its initial public offering on Tuesday, citing bad markets after struggling to get enthusiasm from investors. The decision makes it the third company in two weeks to hold off on issuing equity in public markets, following similar calls on an IPO for Office Depot de Mexico and a follow-on for Brazil’s Fras-le last week. “While we received significant interest from potential investors, the continued market volatility is not an optimal condition for an IPO,” J

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