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Brazilian digital bank Modalmais files for $270 mln IPO

Brazilian digital bank Modalmais files for $270 mln IPO

(Reuters) - Brazilian digital bank Modalmais has set the price range for its initial public offering, expected to reach around 1.5 billion reais ($270 million). The amount considers the pricing in the middle of the range, that was set between 24.30 and 32.82 reais for each unit. Modal plans to...

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Bank of America Brazilian IPO Itau Unibanco Holding SA. Modalmais Reuters

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