A Latin America IPO revival is under way as Brazil ends a five-year drought and Mexico stays busy, testing whether the region can keep listings going.
Latin America · Markets
Key Facts
—Drought broken. Brazil held its first stock-market listing in nearly five years when Compass debuted in May.
—The size. The gas distributor raised about R$3.2bn ($651m) at a roughly R$20bn ($4.1bn) value.
—A queue forms. One big bank expects around 10 share offerings on Brazil’s exchange this year.
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