THE BRK Environment filed with the Securities and Exchange Commission (CVM)Thursday (11), a new request for public offering of shareswith primary and “potentially secondary” distribution, the company said in a statement.
Consult the results and indicators of the Igua and other publicly traded companies on the Valor Empresas 360 portal
The request was approved on Thursday by an extraordinary general meeting of the company, controlled by the Canadian company. Brookfield and has the FI-FGTS as a minority partner, with 30% of the shares. The company has also applied to become a member of the New market. The request, however, remains under analysis by the CVM.
The sanitation company had already expressed its intention to reopen the IPO (initial public offering of shares) in Brazil, which is experiencing a historic drought. Sources said the company had received positive signals from international investors interested in the asset.
This would be the first IPO of a private basic sanitation company in the country. In the past, the Igua and BRK itself repeated the IPOs, but the processes were not successful, according to sources, due to prices that did not reach the value desired by the partners.
In the case of BRK, the market sees an additional challenge due to FGTSwhich imposes restrictions on the flexibility of the per share value of the offering.
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