Alfajor-Maker Havanna Ends Argentine Local IPO Drought With SaleBy
Confectioner sells $11 million in shares in Buenos Aires
Equity offering is first in local market only since 2013
The Argentine company that makes one of the world’s most-famous alfajores raised 158 million pesos ($11 million) in the South American nation’s first local-only initial public offering since 2013.
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