Dass shoes must suspend IPO

The initial offering of shares (IPO, the acronym in English) of Dass, who runs sports footwear brands in Brazil as Umbro and Fila, should be suspended, on the difficulty of the enterprise in attract investors for the IPO. One of the factors that has left investors ressabiados was there for part of Nike and Adidas, brands that represent relevant revenue share, formal purchase commitment minimum volumes of products and or commitment to the supply. Additional factor. Also would have weighed against the high competition in the market, with disputadíssimas offerings of health plan operators Notredame Intermédica and Hapvida, which together reached more than R $6 billion. This year, two IPOs were suspended for lack of demand, the Blau and Pharmaceutical retailer of toys Ri Happy. Sought, the Dass did not comment. Sweaty. Today, 26, marked Inter Bank pricing, that even with the help of two anchors, Atimos funds and had no tranquility in Squadra operation. The demand for the offer stood at about 1.5 time the volume defined in the prospectus.