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(Bloomberg) Investors are buying the dip in Brazil’s stock market as the nation’s hyper-aggressive central bank warms to the idea of easing painfully high interest rates.Most Read from BloombergElizabeth Holmes Objects to $250-a-Month Victim Payments After PrisonInstant Pot and Pyrex Maker Instant Brands Files BankruptcyKen Griffin Ramps Up Credit Bets, Anticipating US RecessionTrump Urges Prosecutors to Drop Case, Offers Defense PreviewFed to Pause and Keep Option to Raise Rates in July Fide
Brazilian shoemaker Arezzo Industria e Comercio SA confirmed early on Friday it had raised 833.8 million reais ($157.80 million) in a share offering priced at 82.35 reais per share.
SAO PAULO Brazilian shoemaker Arezzo Industria e Comercio SA announced on Thursday a follow-on share offering of 7.5 million shares as it aims to raise money…