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.
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