Brazil Daily

Brazil’s most-awaited IPO will finally happen

Good morning! Brazil’s most-awaited IPO will finally happen: XP Investimentos. South America’s move on Venezuela. Agro exports are down. And the president’s latest health report. (This newsletter is for platinum subscribers only. Become one now!)


Brazil’s most-awaited IPO will finally happen

Financial services company XP Investimentos has reportedly mandated JP Morgan, Goldman Sachs, and Morgan Stanley as book-runners for an upcoming initial public offering—to be held either on the New York Stock Exchange or Nasdaq. Pricing will happen between December and January 2020, with the IPO likely to be scheduled for early next year. The move comes...

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