PagSeguro prices share sale

PagSeguro prices share sale

Equity Capital Markets Brazil

Brazil's PagSeguro said that its controlling shareholder, Universo Online (UOL), has pocketed $653m from the second follow-on equity offering in the payments processing company in 15 months.UOL, an online content company that belongs to the local media conglomerate Grupo Folha, sold 16.8m common shares in PagSeguro for $39.00 each, PagSeguro said in a statement. UOL also gave the underwriters Goldman Sachs and Morgan Stanley 30 days to sell up to another 2.51m shares, which would increase the si

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