Azul SA, Brazil's third-biggest airline, revived plans for an initial public offering in Sao Paulo and New York as it prepared to add the first of 75 Airbus jets and to begin flights to the United States.Azul plans to list preferred shares on the Level 2 chapter of the Sao Paulo Stock Exchange, and American depositary shares on the New York Stock Exchange, according to a filing with the U.S. Securities and Exchange Commission on Monday.The preliminary prospectus did not give clear guidance on the size or timing of the offering.IFR, a Thomson Reuters capital markets publication, reported earlier this year that Azul had revived plans for an IPO worth around $1 billion.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI traded higher by 1.16% or $0.46/share to $40.06. In the past year, the shares have traded as low as $33.21 and as high as $39.69. On average, 759361 shares of TRI exchange hands on a given day and today's volume is recorded at 848139.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI fell by 0.44% or $-0.2/share to $45.40. In the past year, the shares have traded as low as $36.86 and as high as $45.76. On average, 707510 shares of TRI.TO exchange hands on a given day and today's volume is recorded at 890570.
Source
