Mexico frozen food company Sigma files to go public

MEXICO CITY Fri Nov 15, 2013 6:50pm EST

Related Topics

MEXICO CITY Nov 15 (Reuters) - Mexican frozen food company Sigma Alimentos, part of Mexican conglomerate Alfa's on Friday filed a request for a public offering, Mexico's bourse said in a statement on Friday.

Sigma sells well-known brands of meat such as Fud and Nochebuena.

The company said on Thursday it had launched a 695 million euro ($932 million) takeover bid for Spanish meat processor Campofrio at a price analysts said could tempt its leading shareholder to sell.

Sigma secured commitments from shareholders with 44.5 percent of Campofrio - a household name in Spain - meaning that it now needs to persuade China's Shuanghui International Holdings to part with its 37 percent stake in the firm.


After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.