in this issue
World News and Views :: Top of the News
Alpek Raises $850 million in IPO
2:38 PM MDT | May 4, 2012 | Kara Sissell
Alpek, the petrochemical unit of Grupo Alfa (Garza Garcia, Mexico), has raised an estimated 11.1 billion pesos ($850 million) in its recent initial public offering (IPO) on the Bolsa Mexicana de Valores (BVM). The shares represent about 18% of Alpek. The April 26 deal priced shares 27.50-31.50 pesos/share; shares were trading at 29.41 pesos at the close of the week ended May 4. The Alpek IPO is the first in Mexico since last July, in part because concerns about the euro zone put a damper on IPO activity last year and the beginning of this year, according to...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee