Ambipar plans IPO for environmental subsidiary

Ambipar plans IPO for environmental subsidiary

Equity IPO Brazil Capital Markets

Brazilian waste management company Ambipar said that it plans to spin off its environmental services division Environmental ESG Participações and take the new subsidiary public in an initial public offering (IPO), according to a securities filing The new subsidiary will provide services including environmental solutions for waste management, the management of greenhouse gases and the origination of carbon credits, the company said. Ambipar said the number of shares to be issued will be made publ

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