CVC hires Itaú for possible share sale

CVC hires Itaú for possible share sale

Equity Capital Markets Coronavirus Brazil Latin America

Brazilian travel company CVC said on Thursday that it hired Itaú BBA to evaluate a "possible capitalization" ahead of an expected return in demand as authorities lift travel restrictions in the coming months. "It is worth emphasizing that the capitalization is still under analysis and remains subject to market conditions, as well as to the applicable corporate approvals," CVC said in a securities filing. CVC is among the Brazilian companies to be heavily impacted by the coronavirus pandemic and

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