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Showing posts with label Brazilian real. Show all posts
Showing posts with label Brazilian real. Show all posts

7/6/11

Abril Educacao could raise $427 mln in Brazil IPO?


Abril Educacao seeks 21.75 reais-26.75 reais price tag
* Company is education unit of Brazilian media group
* IPO boom comes amid wave of rising risk aversion
Make Money Blog$;SAO PAULO, Brazil's Abril Educacao, a company that provides college entrance exam preparation courses, and its stockholders could raise as much as 670 million reais ($427 million) in an initial public offering, according to a newspaper advertisement on Wednesday.

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