Oceana Offshore drills for IPO

Oceana Offshore drills for IPO

IPO Equity Capital Markets Asset Management Energy Gas Brazil

Brazilian oil exploration services company Oceana Offshore filed for an initial public offering (IPO) in the local stock market on Friday, looking to raise money to make acquisitions and buy new vessels. Oceana plans to invest the proceeds from a primary offering, while its controlling shareholders will pocket earnings from a secondary offering, the company's owner, Grupo CBO, said in a preliminary prospectus. After the offering, Oceana will list its shares on the Novo Mercado segment of the B3

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