Bricks postpones IPO again

Bricks postpones IPO again

IPO Equity Funds Asset Management Economy & Policy Politics Mexico

Bricks Acquisition has again postponed a planned $100m IPO — the only such offering scheduled to take place in the first half of the year in Mexico — amid market volatility, LatinFinance has heard. "We won't be coming out this week," said Bricks CEO Alberto Azpúrua. "The timeline for different investor committees keeps getting postponed." Bricks had planned to list its shares on Mexico's alternative stock exchange BIVA on March 29, but it had trouble convincing local pension plans, or afores,

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