By Stephen NakrosisMerqueo, a digital grocery retailer with operations in Colombia and Brazil, said Friday it was withdrawing its planned initial public offering in a filing with the Securities and Exchange Commission. The company said it decided not to pursue the planned offering at this time, adding it undertook a subsequent private offering. Merqueo first filed for its IPO in December. At the time, the company planned to list its shares on the Nasdaq. Write to Stephen Nakrosis at stephen.nakrosis@wsj.com(END) Dow Jones NewswiresAugust 11, 2023 17:52 ET (21:52 GMT)Copyright (c) 2023 Dow Jones & Company, Inc.

Source: Wall Street Journal August 12, 2023 10:01 UTC