NEW YORK: Mexican companies looking to go public are increasingly exploring the idea of listing in both their home country and the United States, according to Jorge Alegria Formoso, chief executive officer of the Bolsa Mexicana de Valores.
“We have those conversations and I think we have been successful in transmitting the idea that you can do both,” Alegria Formoso said in an interview on Bloomberg TV.
The Mexican Stock Exchange, commonly known as Mexican Bolsa, Mexbol, or BMV, is the larger of two stock exchanges in Mexico. The other is the Biva, or Bolsa Institucional de Valores.
The industry and government have been looking to reinvigorate capital market activity within the country, touting new rules that allow for simplified issuance of equity and debt. — Bloomberg
