IPO

The IPO market in mineral-rich Indonesia is so hot that it is hitting Hong Kong and India |  CNN Business

The IPO market in mineral-rich Indonesia is so hot that it is hitting Hong Kong and India | CNN Business

London CNN – One of the most important IPO markets this year is not in a country full of global technology giants, nor is it ranked among the world’s top 10 largest economies in terms of size. But Indonesia, a densely populated group of islands with a rapidly growing economy, sits on huge deposits of …

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Citigroup abandons long-planned sale of Banamex to pursue IPO

Citigroup abandons long-planned sale of Banamex to pursue IPO

Citigroup said it would spin off the Mexican retail bank through an initial public offering, abandoning a plan laid out early last year to sell the unit. The US lender plans to spin off its entire Banamex division, which employs 38,000 employees and is one of Mexico’s largest retail banking franchises, by the middle of …

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