General Atlantic-backed Pague Menos files for Sao Paulo IPO: Reuters

Pague Menos, a Brazilian drugstore chain, has filed for a Sao Paulo IPO, reported Reuters.

Pague Menos, a Brazilian drugstore chain, has filed for a Sao Paulo IPO, reported Reuters. The news wire noted that the total value of the IPO is estimated to be close to $224 million. Pague Menos is backed by General Atlantic, which will not be selling shares in the IPO.

Source: Reuters