July 14, 2020 |
Brazilian pulp and paper producer Irani Papel e Embalagem and homebuilder Even announced plans late Friday to launch initial public offerings (IPOs) after a flurry of similar announcements by other companies last week.
Irani said in a securities filing that it had resumed plans to move up to BRL601 million ($112 million) through a so-called "re-IPO" on the B3 stock exchange in São Paulo.
The pulp and paper company expects to raise BRL446 million from the sale of 90 million common shares based on
Paper producer and homebuilder become the latest companies to prepare share sales on the B3