Brazil Broker XP’s IPO Tops Target Range to Raise $1.96 Billion
(Bloomberg) — XP Inc., Brazil’s largest brokerage by equity-trading volume, raised $1.96 billion in its U.S. initial public offering, pricing its shares above the marketed range. The company and its existing shareholders sold 72.5 million shares Tuesday for $27 each after offering them for $22 to $25, according to a statement. That gives XP …
News story posted on 2019-12-11T04:57:00.0000000Z
