Brazilian drugstore group files for IPO

Brazilian drugstore group files for IPO

Capital Markets IPO Equity Brazil Latin America

Brazilian drugstore group d1000 has filed for an initial public offering (IPO) on the local stock exchange and plans to use part of the proceeds for further expansion, according to the preliminary prospectus filed with Brazil's securities regulator. XP Investimentos is coordinating the offering, which will see d1000 sell new shares with the possibility of increasing the offer by up to 15%, the prospectus stated. Profarma said in a securities filing on Monday it has hired “certain financial insti

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