Caixa starts third IPO attempt for insurance division

Caixa starts third IPO attempt for insurance division

Corporate & Sovereign Strategy Equity IPO Capital Markets Latin America South America Brazil Rule 400

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

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