NEW YORK, June 22, 2012 –Cencosud S.A., a multi-brand retailer with operations 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.
Latin America’s Cencosud S.A. Celebrates Initial Public Offering and First Day of Trading on the New York Stock Exchange
Chairman Horst 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.”
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.
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.
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).
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)
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