Grupo Sanborns Raises $825 Million In IPO

Keywords

A customer looks at Apple Inc. iPhones at a Grupo Sanborns SAB store... News PhotoApple Computers,Consumerism,Customer,Department Store,Development,Finance,Horizontal,Initial Public Offering,Latin America,Looking,Merchandise,Mexico,Mexico City,North America,Portable Information Device,Retail,Shop,Shopping,Smart Phone,Technology,The Americas,USA,iPhonePhotographer Collection: Bloomberg 2013 BloombergA customer looks at Apple Inc. iPhones at a Grupo Sanborns SAB store in the Plaza Carso development in Mexico City, Mexico, on Friday, Feb. 8, 2013. Grupo Sanborns SAB, the retailer controlled by Mexican billionaire Carlos Slim, raised 10.5 billion pesos ($825 million) in an initial public offering (IPO) last week and the total could climb to 12.1 billion pesos including an overallotment option for underwriters. Photographer: Susana Gonzalez/Bloomberg via Getty Images