Compass submits IPO prospectus, potentially

Due to the impact of high interest rates, the Brazilian B3 Stock Exchange has faced an IPO drought for nearly five years, but this fundraising will break the situation. According to two sources familiar with the matter, the offering of 89.3 million shares by the existing shareholders of this natural gas distributor is expected to raise about 3 billion reais (approximately 600 million US dollars). Expand