SMC Global pulls IPO after syndicate exit

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

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SMC Global pulls IPO after syndicate exit

SMC Global Power scrapped a planned Ps27bn ($621.4m) IPO this week after failing to generate much demand in pre-marketing — but only after one of the bookrunners left the syndicate group before the deal was pulled.

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