Mexican exchange plans to go public
From Reuters
Mexico’s stock exchange, riding a recent wave of investor interest in emerging markets, plans to list its own shares in 2007.
The exchange said Tuesday that its board of directors had approved a plan to start reorganizing the company, owned by major market participants, with the goal of going public.
The stock exchange said it was following a trend toward mergers and public listings of bourses around the world.
A modernized stock-market law passed last year makes it possible for the stock exchange to go public.
Sign up for Essential California
The most important California stories and recommendations in your inbox every morning.
You may occasionally receive promotional content from the Los Angeles Times.
