XP, a Brazilian digital broker, is seeking to raise up to $1.81 billion for its IPO, reported Reuters. XP has set its IPO pricing range between $22 and $25 per share. The stock will trade on the NASDAQ. Goldman Sachs, JPMorgan Chase & Co, Morgan Stanley, Itau BBA, Bofa, Citigroup, Credit Suisse and UBS are serving as underwriters. XP’s shareholders include General Atlantic.
Source: Reuters
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