BM&FBovespa sees up to 45 2012 Brazil stock lists

SAO PAULO Feb 15 (Reuters) - BM&FBovespa, Brazil's sole financial exchange operator, expects between 40 companies and 45 companies to sell shares for the first time in Brazil this year, Chief Executive Edemir Pinto said on Wednesday.

There has been no initial public offerings in Brazil since July. Pinto said the "market is much more demanding" for IPOs, at the moment.