Positivo, Shareholders Raise 567.4 Million Reais
Positivo Informatica SA, Brazil's largest computer maker, and its shareholders raised 567.4 million reais ($264.8 million) in an initial public offering.
The Curitiba-based company and its shareholders sold 24.1 million voting shares at 23.50 reais each, according to a statement published in Valor Economico newspaper. The shares will start trading Dec. 11 on the Sao Paulo stock exchange.
UBS AG's Brazilian unit and Banco Pactual SA are managing the sale.
(Published by Bloomberg, December 8, 2006)