Chile suffered a five-year drought of equity offerings until last November when a bank with some big-name backers became the first Chilean company to launch an IPO since 1997. Corpbanca’s […]
Category: Equity
Business & Banking
Brazilian Government Sells Its CVRD Stock The Brazilian government raised $1.6 billion from the March sale of 68.5 million shares of Cia Vale do Rio Doce (CVRD), the privatized mining […]
Up, Running and Waiting
The East Caribbean Stock Exchange (ECSE), based in St Kitts, has state-of-the-art trading technology, but after five months in business it still has only two listings. Even so, the exchange […]
Only One Winner
The Mexico City Stock Exchange’s IPyC share price index is the only one to have performed reasonably well over the last five years. It is nearly 70% above where it […]
The 2001 Latin American Research Olympics
No one covering the Latin American markets could escape the impact of Argentina’s financial crisis that has dragged on for almost a year. Stock markets tumbled, currencies wavered, confidence crumbled. […]
A Public Privatization Out of Mexico
Mexico’s first privatization in years is an IPO for a company that manages Cancún’s transportation gateway, in a deal that gives minority investors a new corporate role.
Waiting for a Way Out
Private equity funds haven’t panned out in the region the way their early champions envisioned. Financial crises have shaken investor confidence and IPOs are no longer feasible.
A User’s Guide to International Stock Exchanges
New York Stock Exchange (www.nyse.com) Listing Requirements Non-US corporations can list under either alternate listings standards or NYSE domestic listing standards, but must meet all criteria within a given standard. […]
In Steep Decline
The Buenos Aires Stock Exchange is slipping into obscurity as it becomes increasingly irrelevant. Authorities are tweaking the system but it cannot withstand the forces shifting power to larger markets.
Latin Indices Track Nasdaq but Chile Gets a Boost
Stock prices in Santiago moved sideways most of the year until the government announced in May that it was relaxing controls on foreign investment, originally set up to insulate Chile […]
