June 7, 2019 |
Brazil's Linx could earn rouglhy BRL1.3bn ($335m) from an upcoming share sale in São Paulo and New York, according to the preliminary prospectus for the deal.
The software company plans to sell at least 29.3m shares, but the bookrunners could increase the offering by another 10.2m shares on strong demand. The deal involves shares on the B3 stock exchange in São Paulo and American depositary shares on the New York Stock Exchange (NYSE), Linx said.
BNDESPar, the equity investments division of th
BNDES plans to shed its stake in the Brazilian software company in the follow-on offering