Globcash puts off IPO in 'too volatile' market

Globcash puts off IPO in 'too volatile' market

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Mexican pawn shop operator Globcash has rescheduled a planned initial public offering (IPO) for the first quarter of the next year because "the situation in the markets is too volatile to put a specific date now," a company spokesperson told LatinFinance on Tuesday. "Surely, it will be later when the waters calm down," the spokesperson said. "In any case, the company continues with its decision to go public under the conditions originally planned and with the same objective." Globcash, which ope

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