AgroGalaxy sets range for IPO

AgroGalaxy sets range for IPO

IPO Equity Capital Markets Brazil

Brazil's AgroGalaxy, an agricultural inputs retail company owned by local private equity firm Aqua Capital, could raise around BRL385 million ($73.3 million) in an IPO that is scheduled to price on Thursday, according to a preliminary prospectus issued on Monday. The company set the price range at BRL13.75 to BRL16.50 per share, looking to sell at least 25.5 million, although it could increase the size of the deal by 35% to meet demand. It said it would use the proceeds to fund acquisitions and

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