November 11, 2019
Brazil's Log-In Logístic could raise up to BRL996 million ($240 million) in a share sale scheduled for later this month, based on the closing price on Friday.
The Rio de Janeiro-based logistics company said it intends to sell at least 38 million new shares in the follow-on offering, but added that it could increase the size of the deal by 20%, or 7.6 million shares. It also said that it could sell an additional lot of 5.7 million shares, equal to 15% of the primary offering.
Goldman Sachs, Itaú
Brazilian logistics firm plans to price up to 51.3 mln shares in a follow-on offering on November 21