Paraguayan IPO Plan is Off

Paraguayan IPO Plan is Off

Equity Paraguay

Dahava Petroleos is no longer on track to hold an IPO in Paraguay, what would have been a rare Paraguayan equity transaction. Paraguay’s CNV regulators denied Dahava Petroleos’ registration in January, according to CNV documents seen by LatinFinance, and officials say there has been no resolution since. Dahava claimed to have ownership of various oil concession assets in its filing, but was unable to meet officials’ requests for additional information to confirm their valuations and prove they s

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