Advent Cashing Out of Cetip

Oct 14, 2009

Cetip, the Brazilian fixed income and derivatives depository and clearing house, is looking to raise around BRL1.0bn in its IPO, scheduled for October 26. The offering of 59m secondary shares can be increased by an 8.8m greenshoe. The company has set a broad price range of BRL13.00-BRL17.00. At the top end,...

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