To Float or Not to Float? That’s the Question for Brazilian Companies
Photographer: Ricardo Beliel/Getty Images
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Brazil has seen the most initial public offerings and follow-on share sales this year since 2013; offering prices, however, have tended to come in at the lower end of the projected ranges.
That’s left companies in a dilemma: Should they take advantage of the propitious moment and maybe raise less than expected, or wait to see what happens in an election year and risk the likelihood of volatility and economic unknowns?