CSN defines target price for IPO
CSN defines target price for IPO Brazilian steel producer could move up to $1.32 billion from primary and secondary offerings and overallotments
Corporate & Sovereign StrategyCapital MarketsEquityIPORule 400BrazilLatin America Brazilian steel producer Companhia Siderúrgica Nacional (CSN) set a target price for the initial public offering of its minerals division that could move up to BRL7.2 billion ($1.32 billion) from primary and secondary offerings.
CSN Mineração defined an indicative price of between BRL8.50 and BRL11.35 per share and will sell 161 million shares in the primary offering, while current shareholders - CSN, Japão Brasil Minério de Ferro and POSCO - will sell 373 million shares in the secondary offerin
BTG Pactual finishes follow-on
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Cruzeiro do Sul, Westwing set IPO targets
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Bemobi, Vamos set price ranges for shares
Bemobi, Vamos set price ranges for shares Brazilian app developer and truck rental company schedule listings on the B3 stock exchange
Capital MarketsCorporate & Sovereign StrategyEquityIPORule 400BrazilLatin America Brazilian mobile phone app developer Bemobi Mobile Tech could move as much as BRL2.09 billion ($390 million) in a planned initial public offering (IPO), while truck rental company Vamos Locação could get BRL1.76 billion in its own share sale, according to securities filings on Monday.
Bemobi set the target price range at BRL17.60 and BRL23.10 per share for at least 67.1 million shares, although it could increase the size of the offering by 35%, it said in a filing. The company will issue 49.7 mi