Brazil IPO News

Brazil Healthcare Insurer Intermédica Prepares for IPO: Sources

Brazilian healthcare services provider NotreDame Intermédica Sistema de Saude SA has hired banks to manage its initial public offering, which could be launched with a series of investor meetings as early as this week, two people with direct knowledge of …

IRB Brasil Postpones IPO Amid Stock Market Turmoil: Reuters

IRB Brasil RE, the country’s biggest reinsurer, postponed its initial public offering amid market turmoil, Reuters reported, citing unidentified people with knowledge of the matter. Investment banks managing the sale found it unfeasible to proceed, Reuters said. The government expected …

Brazil’s BB Seguridade, Smiles SA Conclude IPO’s – Boosts Insurance

Brazil’s BB Seguridade Participações SA sealed the world’s biggest initial public offering in seven months at a time when confidence in the South American giant has ebbed because of concerns about high inflation and mounting government interference in some sectors …