BV asks to go public

BV asks to go public

IPO Equity Capital Markets Corporate & Sovereign Strategy Brazil

BV, a banking joint venture between Banco do Brasil and Votorantim Finanças, has filed a request to register as a public company, looking to list its shares on the B3 stock exchange in São Paulo. BV, formerly known as Banco Votorantim, could sell units on the stock exchange "dependent on favorable market conditions" after it gets permission from the B3 and the local securities regulator CVM, Banco do Brasil said in a securities filing. According to press reports, BV could move roughly BRL5 billi

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