Privalia renews IPO plans

Privalia renews IPO plans

Equity IPO Corporate & Sovereign Strategy Debt Debenture Capital Markets Technology Commerce Retail shopping Rule 476 Brazil

Brazilian online retailer Privalia has renewed plans to list shares in the local market, hiring banks to lead a restricted offering on the B3 stock market in São Paulo, according to a securities filing on Monday. "The company is engaged in preparatory works together with certain banks and their advisers that are helping in the analysis and setting of the potential offering terms," it said in the filing. Privalia added that it is working with BTG Pactual, JPMorgan, Itaú BBA and Credit Suisse on a

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