Another Brazilian IPO misses target

Brazilian drugstore chain Pague Menos has hired Davis Polk & Wardwell LLP in São Paulo and New York and local firm Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados to raise 747 million reais (US$136 million) in an IPO on the B3 stock exchange in São Paulo.

Unlock unlimited access to all Latin Lawyer content