Brazil Insurer Caixa Seguridade Postpones IPO on Coronavirus Worries: Sources

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Insurance Journal - Mar 10, 2020

Brazilian insurer Caixa Seguridade SA decided on Monday to cancel its initial public offering, two sources with knowledge of the matter said, amid concerns about the new coronavirus and plunging oil prices. Controlling shareholder state bank Caixa Economica Federal had …...

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