By  on April 29, 2013

Moda Holding, a fashion retail group created by Mexican buyout firm Nexxus Capital, will make acquisitions in the near to medium term as it works to create a strong enough enterprise to launch an initial public offering (IPO) by 2016.

Nexxus Capital’s vice president Alejandro Saiz said the firm has invested around 20 percent of $305 million held by its Nexxus Capital IV and V to bankroll Moda Holding.

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