Mexico’s IDEAL Plans $793M Share Sale

IDEAL is planning an international share offering of up to $793 million.

IDEAL is planning an international share offering of up to $793 million, Reuters reports. The Mexican infrastructure company will offer a mix of new stock and shares sold by current investors.

The company is seeking to increase its liquidity and support its growth plans through the sale. IDEAL is owned by Mexican billionaire Carlos Slim.

Click here for the story from Reuters.