As Pandemic Rages, Brazil Sees Busiest IPO Market Since 2007
(Bloomberg) — One of the world’s worst hotspots for the coronavirus is also seeing the fastest pace of initial public offerings in more than a decade.
From builders to retailers, five Brazilian companies are due to hold IPOs over the next two weeks, the highest number for any fortnight since 2007, according to data compiled by Bloomberg. An education firm, which is going public in the U.S. but has yet to announce a pricing date, could boost the tally to six.
By Vinicius Andrade, Andre Romani Pinto and Felipe Marques via Bloomberg Quint