Mexican Companies Are Lining Up to Sell Shares, Barclays Says [Yahoo! Finance]
IBERDROLA SA S/ADR (IBDRY)
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Source: Yahoo! Finance
Most Read from Bloomberg Javier Milei Fuels Wild Rally That Makes Peso No. 1 in World Plunging Home Prices, Fleeing Companies: Austin's Glow Is Fading Huawei's New Phone Runs Latest Version of Made-in-China Chip Fed's Preferred Core Inflation Gauge Rose at Brisk Pace in March US Economy Slows and Inflation Jumps, Damping Soft-Landing Hopes Raul Martinez-Ostos, chief executive and chairman of Barclays Mexico, said between five and 10 equity capital markets deals are in the works, spurred on by the success of several recent listings. The companies, which he didn't identify, would list domestically or in the US as foreign investors move to buy Mexican stocks, he said. “People are putting their money to work in Mexico,” Martinez-Ostos said in an interview at the country's annual banking convention in Acapulco. “They see a huge opportunity here that they have not seen in a long time.” The uptick shows how investors are looking past the upcoming election and betting Mexico'
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