Salmones Austral delays IPO until 2023

Los Ángeles, Chile-based Salmones Austral’s board of directors has decided to push back its plans for an initial public offering (IPO) in the Chilean market.

The firm received approval from the country’s financial market regulator, CMF, to register the company and its shares in the securities register – the last regulatory step needed before listing on the stock exchange and launching an IPO – in May 2020.  However, Salmones Austral says it would be unable to meet legal deadlines to open to the bourse by October …

Photo courtesy of Salmones Austral