Hapvida sells shares for Intermédica deal

Hapvida sells shares for Intermédica deal

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Brazilian healthcare company Hapvida moved BRL2.7 billion ($495 million) in a follow-on equity offering in the local market, raising money to fund the acquisition of Notre Dame Intermédica, it said in a securities filing. Fortaleza-based Hapvida kept BRL2.03 billion from a primary offering after pricing the shares at BRL15.00 each, while selling shareholders took the rest from a secondary offering. Shares in Hapvida fell 2.75% to close at BRL14.86 on Thursday.  Hapvida announced the BRL111 billi

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