RIO DE JANEIRO, BRAZIL - The largest aluminium producer in Brazil, Companhia Brasileira de Alumínio (CBA), on Tuesday applied for registration as a publicly-held company, according to information from the Securities and Exchange Commission (CVM), paving the way for a potential initial public offering (IPO).
According to the protocol, CBA's application for a category A company is complemented by another to hold a public offering of securities, which enables it to sell shares in the market, among other purposes.
Founded in 1941 with the initial plan to explore bauxite deposits in Poços de Caldas (MG), CBA is . . .
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