Log shapes upcoming share sale

Log shapes upcoming share sale

Equity Capital Markets Corporate & Sovereign Strategy Asset Management Funds M&A Brazil

Brazil's Log Commercial Properties could earn as much as BRL680m ($166m) from a follow-on offering on the B3 stock market in São Paulo, based on the closing price on Friday.The Belo Horizonte-based real estate company said in a statement that it has received board approval to sell 21m new shares to institutional investors on October 22. It also said that the bookrunners could increase the size of offering by 35%, or 7.35m shares, to meet demand. BTG Pactual will lead the sale with Bradesco BBI,

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