Carrefour Brazil can get up to £ $5.6 bi with stock sale this week

The country''s largest supermarket in billing, Carrefour Brazil will launch actions in the stock market this week, the more valuable this year-type operation.
The IPO (initial public offering of shares, the acronym in English) can raise up to £ $5.6 billion if the shares come out at the top of the reference range of price, fixed between R $15 and R $19.
The money is captured in Brazil because part of it will be used by the brazilian subsidiary to pay debts with the array. The global group Carrefour already has shares traded on the Paris stock exchange.
There are estimates that the demand should not exceed three times the total offer. When the airline Blue debuted on the stock exchange in April, found investors willing to buy up to five times the number of shares offered to the market.
One of the main differences between the two operations is that three months ago, the country gave signs of stability to investors with the promise of a quick approval of the pension reform.
Since then, however, the market and the economy in General-was shaken by the political crisis that shook the Government Fear after the tipoff of the JBS, in May.
The start of the negotiations of shares of Carrefour Brazil on the exchange occurs on Thursday (20). In this second (17) over the period for which investors report the number of shares they wish to buy. The value will be known by Wednesday (19).
To Evandro Bridges, a professor at the Insper, find investors interested is already an accomplishment because the moment is insecurity.
"They took milk of stone in a situation so blurred. Under the historical comparison, there were IPOs best, but could you repeat that? "
In operation, the investment company of the family of Abilio Diniz will sell part of the 12 percent it holds in Carrefour Brazil.
"The sale of the shares of the Peninsula can be a point of concern. After all, for a long-term investment, the peninsula has entered the capital of Carrefour only in 2014, "says advice Empiricus.