November 9, 2017 |
Molino Canuelas has set a price range ahead of a potential November 16 IPO that could swell to more than $330m, sources told LatinFinance.
The flour and oil producer aims to capitalize on a surge in investor demand for new Argentine stock, ECM bankers said. President Mauricio Macri's strong showing in last month's mid-term elections also has renewed business sentiment and instilled confidence that his market-friendly policies are one step closer to implementation.
"You have got to get in while
Flour and oil producer sets range, pricing date on potential $332m SEC-registered IPO