Mexico Will Have as Many as Nine IPOs Through 2011
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Mexico will have as many as nine more initial public offerings through the end of next year, said Luis Tellez, chief executive officer of Bolsa Mexicana de Valores SAB.
Two companies may sell shares by year-end and as many as seven will hold IPOs in 2011, Tellez said in an interview at Bloomberg’s Mexico City office. The Bolsa is Latin America’s second-largest bourse after Brazil’s Bovespa.