Athena Saúde carries on with IPO as others cancel

Athena Saúde carries on with IPO as others cancel

Corporate & Sovereign Strategy Equity IPO Latin America South America Brazil Capital Markets Healthcare Hospitals

Brazilian private healthcare group Athena Saúde Brasil set the target price range for its initial public offering (IPO) on Thursday as three companies cancelled plans to list shares on the B3 stock market in São Paulo. The healthcare company could move as much as BRL3.76 billion ($688 million) in its IPO if it prices its shares at the top end of the target range and sells all additional lots, according to a securities filing. Athena put the range between BRL18.35 and BRL23.12 per share and said

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