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IRB Brasil Resseguros SA (IRBR3.SA)

IRBR3.SA on Sao Paulo Stock Exchange

91.15BRL
1:36am IST
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Fri, Feb 15 2019

Brazil's reinsurer IRB announces secondary share offering

SAO PAULO, Feb 15 Reinsurer IRB Brasil Resseguros SA said a government fund managed by Caixa Economica Federal will sell its 8.9 percent stake in the company in a share offering that may raise roughly 2.5 billion reais ($673.27 million).

Brazil's reinsurer IRB prepares $650 mln follow-on within weeks -sources

SAO PAULO, Feb 6 Shareholders in Brazil's reinsurer IRB Brasil Resseguros SA is preparing a secondary share offering involving at least 9 percent of its capital within weeks, three sources with knowledge of the matter said on Wednesday.

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