Sabesp’s R$30 Billion Share Sale Captures Market Attention

Sabesp, Brazil’s water management giant, is steering through an eventful share sale that signals robust confidence in its growth prospects. Over R$30 ($5.5) billion in bids have landed for shares, eclipsing the amount available. Such fervor earmarks this sale as Latin America’s largest of the year. Investors aim to scoop up a 17% stake, with bidding […]