Brazil travel co CVC to issue up to $96 mln in new shares
RIO DE JANEIRO, June 22 (Reuters) – The board of Brazilian travel company CVC Operadora e Agencia de Viagens SA has approved an offering of up to 480 million reais ($95.8 million) in new shares, the firm said on Tuesday.
In a securities filing, CVC said the company would offer a minimum of roughly 20.1 million shares and a maximum of roughly 25.1 million shares, at a price of 19.12 reais per share.
By Gram Slattery via Yahoo Finance