November 18, 2020 |
Brazilian private healthcare company Rede D'Or São Luiz could raise up to BRL12.8 billion ($2.36 billion) in an initial public offering (IPO) after it set the target price range at BRL48.91 to BRL64.35, according to a preliminary prospectus.
Rede D'Or plans to sell 146 million common shares in a primary offering, while selling shareholders intend to add at least 51 million shares in a secondary offering. Rede D'Or and the shareholders could increase the size of the deal by 35% to meet demand, th
Private healthcare company aims to raise up to $2.36 bln in what could be the second largest market debut in Brazil