Mexico's Comercial Chedraui plans fundraising effort

04/12/2010 | Reuters

Grupo Comercial Chedraui, a Mexican supermarket chain, is planning to launch an initial public offering to raise about $452 million. The company, which is owned by the Chedraui family, will offer shares in Mexico and abroad. It will be the first IPO to launch in Mexico in a couple of years.

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