Chilean retailer, Abcdin, is seeking to sell its 25% stake, The Wall Street Journal reports, citing La Tercera. The company aims to list the stock on the local stock exchange during the second half of the year. The company has appointed local investment bank, LarrainVial, as bookrunner for the IPO. Abcdin has over 90 stores in the Andean nation.
Click here for the story from The Wall Street Journal.