| From Dow Jones: Squarestone Brazil Ltd. is hoping to raise GBP250 million ($387 million) in the largest initial public offering in more than a year on the London Stock Exchange's junior market, a person familiar with the company's plans said.
Underscoring how investors are still heading to fast-growing countries such as Brazil, Russia, India and China even as Western Europe sputters toward recovery, Squarestone plans to invest cash raised on the Alternative Investment Market in three new Brazilian shopping-mall developments and future acquisitions, the person said..........................................Full Article: Source
|