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Brazil’s Multilaser may raise R$2 billion in IPO

RIO DE JANEIRO, BRAZIL - Multilaser technology company may raise R$2 billion (US$405 million) in its public offering (IPO), considering the average price of R$11.90 per share, shows a notice sent to the Brazilian Securities and Exchange Commission (CVM).

According to the notice, the indicative range stood between R$10.80 and R$13, and it will be a primary offering, i.e., the funds will benefit the company. Pricing will be held on July 15. The shares will begin trading on the B3 on July 19 with the ticker "MLAS3."

Multilaser will offer 172 million shares . . .

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