18 de julio de 2017 / 20:18 / en 2 meses

Carrefour Brasil prices IPO at 15 reais per share sources

SAO PAULO, July 18 (Reuters) - Grupo Carrefour Brasil SA on Tuesday priced Brazil’s largest initial public offering this year at 15 reais, two people with knowledge of the matter told Reuters, at the bottom-end of a suggested price range.

Reuters had reported earlier on Tuesday that concerns over a stretched valuation for Brazil’s biggest supermarket chain could drive the transaction to price at the low end of the 15-19 reais range. One of the people with knowledge of the IPO, who asked for anonymity, said bids were enough to “comfortably” cover the books. (Reporting by Guillermo Parra-Bernal, Tatiana Bautzer and Bruno Federowski; Editing by Tom Brown)

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