FOXBusiness.com: Brazil's BB Seguridade Raises BRL11.475 Billion in Year's Biggest IPO

FOXBusiness.com FOX Business Network - The Power to Prosper

Brazil's BB Seguridade Raises BRL11.475 Billion in Year's Biggest IPO Apr 25th 2013, 22:47 Brazilian state-run bank Banco do Brasil SA (BDORY, BBAS3.BR) raised 11.475 billion reais ($5.73 billion) Thursday from the spinoff of its pension and insurance unit, in the world's largest initial public offering so far this year.

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