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BM&FBovespa sees Brazil IPOs resuming in 2nd half

SAO PAULO, June 11 | Mon Jun 11, 2012 10:56am EDT

SAO PAULO, June 11 (Reuters) - Brazilian companies face a "hard time" listing their shares in the first half of this year, but such transactions may resume in the second half, the chief executive of BM&FBovespa, Brazil's sole financial exchange operator, said on Monday.

The exchange might revise its projection for the number of initial public offerings and follow-on share sales this year, currently at 45, after August, Edemir Pinto, CEO of the São Paulo-based company, said.

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