McIPO: Arcos Dorados Investors Are Lovin’ It

Patrick Archer foreign investment, franchises, us companies

Arcos Dorados, McDonald’s largest global franchisee is preparing for what will be one of Latin America’s biggest IPOs ever. Buenos Aires-based Arcos, the group that owns the largest chain of restaurants in South America, will formally announce the IPO in the next week, and sources say shares could begin trading as early as April. According to Cronista, Bank of America, …

Initial Pampa Offering? El Tejar Weighs Options

Patrick Archer agribusiness, foreign investment, us companies

More Buenos Aires IPO news this week on the heels of yesterday’s post regarding TGLT’s public offering ambitions. Bloomberg BusinessWeek is reporting that BA-based El Tejar is weighing an IPO in New York and taking the necessary steps to be in compliance whenever the mood strikes over the next three years. El Tejar CEO Oscar Alvarado told BBW, “We are …

Housing IPO Highlights Pent-up Real Estate Demand in Argentina

Patrick Archer foreign investment, real estate

It’s been almost two years since the Argentina stock exchange celebrated an IPO, but local homebuilder TGLT is ready to end the BA Bolsa’s offering drought. The Wall Street Journal’s Matthew Cowley reports, “TGLT plans to raise between $50 million and $70 million from an initial public offering of shares, equivalent to about 30% of the company’s total capital. About …