Metalfrio hires banks for share sale

Metalfrio hires banks for share sale

Equity Capital Markets Brazil

Brazilian refrigerator manufacturer Metalfrio Solutions said it hired four investments banks to arrange a primary share offering on the B3 stock exchange in São Paulo. Metalfrio said it picked BTG Pactual, Santander, Bradesco BBI and BB Investimentos to lead the deal, but it added that it is still analyzing the size of a possible deal, the proposed price per share and the timing for the offering. The São Paulo-based manufacturer reported BRL23.7 million ($4.43 million) in net profit in the fourt

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