Vulcabras charts re-IPO

Vulcabras charts re-IPO

Brazil Equity

Vulcabras has received board approval to pursue a potential re-IPO on the Brazilian stock exchange, the shoemaker said in a securities filing. Credit Suisse and Bradesco have been mandated to coordinate a potential share sale, the filing showed.Vulcabras, which also manufactures sporting goods, cancelled a follow-on equity offering back in May 2011. The re-IPO, which effectively revises the company’s public shares at a new level and serves as an injection of liquidity, will not price off the

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