IFLR1000

Carrefour B3 IPO

19/7/2017
IPO
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R$ 4.5 billion

Completed

19/7/2017

Overview:

  • The Brazilian subsidiary of Carrefour (Atacadão) has offered 297,143,842 shares as part of its IPO. 
  • This is the largest IPO in Brazil in four years.
  • The offering raised raised R$3 billion in gross proceeds to Atacadão and R$1.37 billion in gross proceeds to the selling shareholders. 
  • Banco Itaú BBA, Merrill Lynch Brasil, Goldman Sachs Brasil, Banco JP Morgan do Brasil, Banco Bradesco Banco Santander Brasil and BNP Paribas Brasil acted as coordinators. 

Rani Mehta - Journalist 

Jurisdiction:

Brazil

Deal type:

IPO

Practice area:

Capital markets : Equity

Industry sector:

Consumer goods and services

Firms:
BMA - Barbosa Müssnich Aragão

Party: Peninsula (Shareholder)

Davis Polk & Wardwell

Party: Banco Itaú (Coordinator)

Party: Merrill Lynch Pierce Fenner & Smith (Coordinator)

Party: Goldman Sachs (Coordinator)

Party: JP Morgan (Coordinator)

Party: Banco Bradesco (Coordinator)

Party: Banco Santander (Coordinator)

Party: BNP Paribas (Coordinator)

Lawyer: Maurice Blanco

Mattos Filho Veiga Filho Marrey Jr & Quiroga Advogados

Party: Banco Itaú (Coordinator)

Party: Merrill Lynch Pierce Fenner & Smith (Coordinator)

Party: Goldman Sachs (Coordinator)

Party: JP Morgan (Coordinator)

Party: Banco Bradesco (Coordinator)

Party: Banco Santander (Coordinator)

Party: BNP Paribas (Coordinator)

Lawyer: Jean Marcel Arakawa

Pinheiro Neto Advogados

Party: Carrefour (Shareholder)

Party: Atacadão (Shareholder)

Lawyers: Guilherme Sampaio Monteiro, Henry Lang

Simpson Thacher & Bartlett

Party: Carrefour (Shareholder)

Party: Atacadão (Issuer)

Lawyer: Grenfel S Calheiros

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