Brazil’s largest aluminium producer CBA launches IPO

Companhia Brasileira de Alumínio (CBA) has enlisted Cleary Gottlieb Steen & Hamilton LLP in São Paulo and New York and Brazilian firm Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados to raise 1.6 billion reais (US$314 million) in an initial public offering, becoming the first listed aluminium company on the Novo Mercado segment of the São Paulo stock exchange, B3.

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