Latin America IPOs Pass $11 Bln Last Year

Latin America sees best year for initial public offers since 2013.

BY JOACHIM BAMRUD

Initial public offers in Latin America made a strong comeback last year, growing nearly eightfold from 2016, according to Latinvex research.

Last year’s tally is also nearly twice as high as the previous three years combined.

The $1.6 billion IPO by Carrefour Brasil, a unit of the French retail giant Carrefour, in July became the top offer last year, closely followed by the December, $1.5 billion offer by BR Distribuidora, a unit of Brazilian state oil producer Petrobras.

Other top IPOs include...

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Keywords: Argentina, Brazil, Carrefour, Chile, Colombia, Grupo Mexico, Jose Cuervo, Mexico, Petrobras