Brazils Ipo Market

RIO DE JANEIRO - Brazil’s IPO market is dead. Once the hottest emerging market for initial public offerings after China, Latin America’s biggest economy isn’t even in the top 15 anymore. The nation’s lone IPO this year – FPC Par Corretora de Seguros SA – brought in just $229 million. That’s less than the amount raised in tiny markets like Poland or Trinidad & Tobago and it’s not even 1 percent of the total from 2007, the very peak of Brazil’s go-go days. »

Author image Virna Souza on #IPO,