Brazil regulator suspends IPO of Banco do Brasil insurance unit

SAO PAULO, April 15 Mon Apr 15, 2013 9:33am EDT

SAO PAULO, April 15 (Reuters) - Brazil securities regulator CVM suspended for 30 days the initial public offering of shares of Banco do Brasil insurance unit BB Seguridade on Monday, citing an irregular use of advertising materials.

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.