Wall Street Eyes BBB Foods IPO: Mexican Grocery Chain Sees High Demand

BBB Foods Inc. Prices IPO at Top of Range, Eyes Strong Market Debut

BBB Foods Inc., the rapidly growing Mexican supermarket chain, has priced its initial public offering (IPO) at the top of its increased price range, signaling strong investor demand. The company priced 33.66 million shares at $17.50 per share, raising proceeds of $589 million. This comes after BBB Foods raised its estimated price range from $14.50 to $16.50 per share and increased the size of the offering. The stock had not yet started trading as of midday Friday.