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Several firms in Brazilian fashion IPO

Shutterstock.com/BW Press

Milbank in São Paulo and local firms Pinheiro Neto Advogados and BMA - Barbosa, Müssnich, Aragão have helped Brazil’s Grupo de Moda Soma raise 1.8 billion reais (US$355 million) in its initial public offering on the São Paulo stock exchange, the B3.