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Deals of the year: Tech and telecoms illustrate the ups and downs of 2000 Author: Felix Salmon Issuer: ASUR Deal: IPOAmount: 335 millionSole bookrunner: UBS Warburg The Latin American IPO of the year was part of a ground-breaking structure from UBS Warburg, which advised Mexico that foreign strategic investors weren’t rich enough to pay top dollar for the country’s airports. Rather, the bank suggested, Mexico should sell 15% of the airports to a strategic partner, and then float the rest in an IPO on the New York Stock Exchange. |
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