Brazil’s stock market is gearing up for another rush of flotations in 2021, after an army of new investors helped spur the strongest year for initial public offerings in more than a decade.
An iron ore miner, a crematorium operator and an online furniture seller are among a list of 41 companies that have announced their intention to debut on São Paulo’s B3 exchange, which in spite of the Covid-19 pandemic chalked up 28 IPOs last year — the biggest number since 2007’s all-time record of 64.
By Michael Pooler via Financial Times