Brazil’s Sugar Cane Technology Center ‘Trains’ Investors to Raise US $ 196 Million with IPO


RIO DE JANEIRO, BRAZIL – The offer was discontinued in April of this year; the sector is now completely absent from the Brazilian stock market.

Centro de Tecnologia Canavieira (Sugar Cane Technology Center – CTC) seeks to “educate” potential investors before resuming its initial public offering (IPO) process, which was interrupted in April this year.

At the time, competition from several other offers was strong and the IPO window in the Brazilian market was starting to close. The company planned to raise around 1 billion reais (US $ 196 million) with the transaction.

Although the company publishes financial results that may appeal. . .

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