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Mexico's Alfa plans initial public offering of Sigma Alimentos
date:Sep 29, 2013
Mexican conglomerate Alfa , which manufactures car parts, petrochemicals and other products, is planning an initial public offering of its food unit Sigma Alimentos, Bloomberg reported on Friday.

Sigma, which sells ham, cheese and yogurt among other refrigerated foods, had sales of 45.476 billion pesos ($3.46 billion) in 2012, or 23 percent of Alfa's total revenue, according to Alfa's annual report.

Alfa launched an IPO of its Alpek petrochemical unit last year, and company executives have pre

12/22 07:17