Brazil’s Azul keeps IPO options open

Brazil’s Azul keeps IPO options open


Brazilian airline Azul, which recently pulled an IPO, has applied again to the CVM to become a listed company, a spokesperson for the Brazilian airline told LatinFinance. The low-cost flier is not looking at resuming the listing in the short term, however, he said, adding that such a move would depend on market conditions. The firm prepared a listing last year, but bad markets scuppered the deal. Banco do Brasil, Goldman Sachs, Itau, Morgan Stanley and Santander were advising on that sale. “In m

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