August 27, 2019
Brazil's Iguá Saneamento said it has hired five banks to lead an IPO on the B3 stock exchange in São Paulo.
Bradesco BBI, Itaú BBA, Bank of America, BTG Pactual and Santander will coordinated the share sale for the water treatment company, Iguá said in a securities filing.
BNDESPar, the equity investments division of the national development bank BNDES, owns 10.6% of Iguá, but it could sell some or all of its stake in the IPO, according to press reports.
The local private equity firm IG4 Capital
Brazilian sanitation company hires five banks to lead a share sale on the B3 in São Paulo