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The largest bank in Brazil will hold the largest IPO in the world – a $ 6 billion

Discussion in 'Latest US & World News' started by AlexMagnus_, Jan 13, 2016.

  1. AlexMagnus_

    AlexMagnus_ New Member

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    The largest bank in Brazil will hold the largest IPO in the world – a $ 6 billion

    The largest bank in Brazil, Banco do Brasil plans to raise 12.15 billion Brazilian reais ($ 6.04 billion) due to IPO of its pension and insurance divisions. So far, this is the most ambitious IPO in the world this year.

    Banco do Brasil plans to offer up to 675 million ordinary shares of BB Seguridade. Means that the bank will receive from the IPO, he plans to use to strengthen the capital base to support lending to the largest economy in Latin America.

    [​IMG]

    This initial public offering of this Latin American company may be the largest on the continent over the past 4 years. Prior to that, the largest IPO in the continent was offering units of Spanish giant Banco Santander – Banco Santander Brasil – in October 2009, then finance company raised $ 7.5 billion

    Also, it will be the largest IPO in the world this year. Recent major IPOs held Japan Airlines in September last year, which allowed the company to raise $ 8.5 billion in the United States, the largest IPO held social network Facebook in May 2012 for $ 16 billion.

    http://banksbrazil.com/the-largest-bank-in-brazil-will-hold-the-largest-ipo-in-the-world-a-6-billion

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    AlexMagnus_, Jan 13, 2016
    #1
  2. NMNeil

    NMNeil Well-Known Member

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    NMNeil, Jan 13, 2016
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  3. AlexMagnus_

    AlexMagnus_ New Member

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    Bye troll>>

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    AlexMagnus_, Jan 13, 2016
    #3
  4. Darkbane

    Darkbane Banned

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    maybe stop posting brazil stories from YEARS ago in the "latest us and world news" category... read the forum rules... this is not recent news, you add no additional comment, you're just pushing propaganda... thats ALL your postings do, old stories from years ago pushing propaganda with nothing added... stop being a troll yourself...

    http://www.bloomberg.com/news/articles/2013-04-03/banco-do-brasil-may-raise-6-billion-with-insurance-ipo

    april 3rd 2013... is hardly the latest news...

    don't call others a troll when YOU are the troll...

    P.S. for the record... 6 billion in 2013 was hardly the largest ipo in the world, there were larger ipos prior to that, and since... so the propaganda you're quoting, isn't even close to being accurate... here's the current top 10 listing, as you can see, dating back prior to before this deal was even thought of or filed for...

    http://www.investopedia.com/articles/investing/011215/top-10-largest-global-ipos-all-time.asp
     
    Darkbane, Jan 13, 2016
    #4
  5. AlexMagnus_

    AlexMagnus_ New Member

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    This one and maybe another...

    All the others are 2015 second half on >>

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    AlexMagnus_, Jan 14, 2016
    #5

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