March 3, 2021 |
Brazilian state-owned savings bank Caixa Econômica Federal said it is making another attempt at an initial public offering (IPO) for its insurance division, while renewable energy, e-commerce, retail and diagnostic medicine companies took steps to list shares on the B3 stock exchange in São Paulo.
Caixa said in a securities filing on Tuesday that it registered to make a primary offering of shares in Caixa Seguridade. Morgan Stanley and Caixa itself will coordinate the IPO alongside Bank of Ameri
Brazil's federal savings banks tries again to spin off Caixa Seguridade on the B3 as more companies fill up the IPO pipeline