NYSE Euronext : Latin America’s Cencosud S.A. Celebrates Initial Public Offering and First Day of Trading on the New York Stock Exchange
06/22/2012| 12:40pm US/Eastern
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Latin America's Cencosud S.A. Celebrates Initial
Public Offering and First Day of Trading on the New York
Stock Exchange
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NEWYORK, June 22, 2012 -
Cencosud S.A., a multi-brand
retailer withoperations in Chile, Argentina, Brazil,
Colombia and Peru, opened for trading today on the New York
Stock Exchange (NYSE) under the ticker symbol "CNCO.T" after an
initial public offering of its American depositary
shares. Goldman, Sachs & Co. is the Designated Market
Maker (DMM) for Cencosud's stock.
ChairmanHorst Paulmann, joined by members of Cencosud's
management team, celebrated the company's first day of trading
by visiting the NYSE trading floor for the stock opening and
ringing The Opening BellSM.
"We're delighted to welcome Cencosud to the NYSE," said
Scott Cutler, Executive Vice President, Head of Global
Listings, NYSE Euronext. "Cencosud is one of the largest
retailers in Latin America and an excellent addition to the
NYSE's community of leading companies. We congratulate Cencosud
on its IPO and look forward to a long-standing partnership with
the company and its shareholders."
Photo
1
Cencosud Chairman Horst Paulmann, along with members of the
company's senior management team, rings the NYSE Opening Bell
to celebrate the company's IPO and first day of trading on
the NYSE.
Photo
2
Cencosud CEO Daniel Rodriguez (left of Chairman Paulmann) and
Chairman Horst Paulmann (waving flags) in the center of the
trading crowd as Cencosud stock opens on the NYSE.
Photo
3
View of the NYSE trading floor as Cencosud Chairman Horst
Paulmann, along with members of the company's senior
management team, rings the NYSE Opening Bell to celebrate the
company's IPO on the NYSE.
Cencosud is the second Latin American company to list its IPO
on the NYSE this year, following Peru's Cementos Pacasmayo
(NYSE: CPAC), and the third to list on NYSE Euronext markets
overall following Brazil's BTG Pactual (NYSE Alternext in
Amsterdam, symbol BTGP).
About Cencosud:
Cencosud S.A. is one of the largest Latin American retailers,
with presence in Argentina, Brazil, Chile, Colombia and Peru.
As of March 2012 owns 99 hypermarkets, 627 supermarkets, 81
home improvement stores, 25 shopping centers, 74 department
stores, giving direct employment to more than 139,000 people.
(Source: Cencosud)
About NYSE Euronext:
NYSE Euronext (NYX) is a leading global operator of
financial markets and provider of innovative trading
technologies. The company's exchanges in Europe and the
United States trade equities, futures, options, fixed-income
and exchange-traded products. With approximately 8,000 listed
issues (excluding European Structured Products), NYSE
Euronext's equities markets - the New York Stock
Exchange, NYSE Euronext, NYSE MKT, NYSE Alternext and NYSE
Arca - represent one-third of the world's equities trading,
the most liquidity of any global exchange group. NYSE
Euronext also operates NYSE Liffe, one of the leading
European derivatives businesses and the world's
second-largest derivatives business by value of trading. The
company offers comprehensive commercial technology,
connectivity and market data products and services through
NYSE Technologies. NYSE Euronext is in the S&P 500 index.http://www.nyx.com.
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