Tag Archives: IPOs

Brazil’s Stone looks to follow PagSeguro in snubbing

The success of Brazil’s PagSeguro’s recent IPO on the NYSE has led its competitor, Stone, to draw up plans to launch on the US stock exchange this year, according to market sources. PagSeguro, which provides online and in-store payment services, raised … Continue reading

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Brazilian brokers wave the offside flag

“The Bovespa is like the CBF [Brazilian Football Confederation] and the brokers are like the clubs: the former is very rich and very powerful, while the latter do all the work and are going broke.” Ricardo Lacerda, founder and CEO … Continue reading

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Hopes for equilibrium in Brazil’s IPO market

Linx, a provider of software to the retail market, is likely to be the first company to try to launch an IPO in Brazil in 2013. The deal will be eagerly watched by all equity market participants: the market badly needs … Continue reading

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