Tag Archives: IPO

Brazil’s XP chooses a road often travelled: selling to Itaú

Brazilian brokerage firm XP Holding Investimentos has pulled its IPO in favour of selling a large minority stake to Itaú. The announcement came just days after XP had filed for an IPO that was expected to raise between $1.5 billion … Continue reading

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Mexico leads but Brazil stirs from ECM slumber

Unifin’s successful Ps3.14 billion ($206 million) IPO in May confirmed Mexico’s status as the region’s strongest primary equity issuance market. However, with Par Corretora da Seguros’ IPO slated for early June, Brazil is showing signs of reawakening the interest of … Continue reading

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BTG IPO: Follow my lead

As André Esteves approached the microphone that looked over the floor of the BMF&Bovespa the electronic ticker board above his head flashed up the news update: “Credit Suisse rebaixa [lowers] Itaú Unibanco para [to] “underperform”. All eyes were on Esteves, … Continue reading

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