Mexico's bourse takes small stake in Lima market
Friday, March 1, 2013
Mexico's stock exchange has agreed to buy a small stake in Lima's bourse as part of a strategic venture to connect the two countries' capital markets, according to a regulatory filing by the exchange on Thursday.
The two exchanges will form a "strategic association" with a view to developing Mexico and Peru's stock and derivative markets among other businesses, the filing said.
Mexico's Bolsa Mexicana de Valores will buy 5.9 percent of the class A shares of the Bolsa de Valores de Lima , according to the filing.