Mater Dei, Blau launch IPOs in weakened market

Mater Dei, Blau launch IPOs in weakened market

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

Brazilian private healthcare group Mater Dei saw its shares fall sharply after its debut on the B3 stock exchange in São Paulo on Friday, while pharmaceutical company Blau Farmacêutica came to market with a smaller offering and a reduced price due to limited demand from investors. Mater Dei had raised BRL1.6 billion ($286 million) in an IPO on Wednesday, after lowering the price per share by 20% to BRL17.44, but its shares closed at BRL16.80 on Friday, down 3.67% on the day. The company kept BRL

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