Business

Brazilian stock offerings may more than double in 2020

After more than tripling last year, share offerings activity is expected to accelerate, with some bankers predicting that offerings may reach up to 200 billion reais ($48 billion). Brazilian stock sales were equivalent to 85% of all equity activity in Latin America in 2019, while Brazil’s gross domestic product is only about a third of the wider region’s.

Source: Reuters

Categories: Business, Macroeconomy/Finance

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