Intermédica shapes share sale

Intermédica shapes share sale

Equity Capital Markets Rule 476 Brazil

Brazil's Notre Dame Intermédica could raise BRL5.19 billion ($1.23 billion) in a follow-on offering on the B3 stock exchange in São Paulo, based on the closing share price on Monday.The private healthcare company plans to sell at least 65 million shares, but the investment fund Alkes II could increase the size of the offering by up to 35% and sell another 22.8 million shares, Intermédica said in a securities filing.Alkes II, which is managed by the US private equity firm Bain Capital, owns 27% o

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