UPDATE 1-Grupo Mexico plans $1 bln rail unit IPO in late June -presentation
May 22, 2015 at 19:34 PM EDT
MEXICO CITY, May 22 (Reuters) - Mexican mining, transport and infrastructure firm Grupo Mexico plans to raise between 13.7 billion and 16 billion pesos ($1.05 billion) in the initial public offering (IPO) of its rail unit ITM, according to an analyst presentation.