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0 -0.000478468899521504 -0.000478468899521504 -0.000478468899521504 -0.000956937799043008 -0.000382775119617149 0.000191387559808574 0
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UPDATE 2-Brazil's Neoenergia taps JPMorgan, BofA and Banco do Brasil for IPO -sources [Reuters]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: Reuters
Brazil's Neoenergia taps JPMorgan, BofA and Banco do Brasil for IPO: sources | Reuters 2 Min Read SAO PAULO (Reuters) - Brazilian power company Neoenergia SA has picked the investment banking units of JPMorgan Chase & Co, Bank of America Corp and Banco do Brasil SA to manage its initial public offering, three people familiar with the matter said on Wednesday. Other banks may still join the group managing the IPO, added one of the sources, who asked for anonymity to discuss the plans openly. Neoenergia, JPMorgan, Bank of America and Banco do Brasil declined to comment. Spanish power producer Iberdrola is the controlling shareholder in Neoenergia with a 52.45 percent stake, while Brazilian pension fund Previ owns 38.21 percent and state-controlled lender Banco do Brasil owns 9.34 percent. One of the sources said the shareholders will seek to float 15 percent of the company, including Banco do Brasil’s full stake, which the bank considers a non-core asset. The IPO is likely to be launche Show less Read more
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