Stock Market

There is a chance of CTG pricing the offering in December, making its IPO the only one on Brazilian exchange B3 in 2022 : stocks


https://www.reuters.com/markets/asia/brazil-unit-china-three-gorges-file-1-bln-ipo-sources-say-2022-10-07/

The Brazilian unit of power company China Three Gorges Corp is expected to file this month for an initial public offering, aiming to raise $1 billion

CTG Brasil hired the investment banking units of Citigroup, Bank of America, Itau Unibanco Holding, Banco Bradesco SA and Banco BTG Pactual, the sources added, requesting anonymity to disclose private discussions. Citi will lead the syndicate, two of the sources said.



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