Caixa Seguridade’s secondary share offering raised $216 million, with shares priced at 14.75 reais each, according to Valor Economico. The offering was coordinated by its controlling shareholder, Caixa Economica Federal.

A recent secondary share offering by Brazilian insurance company Caixa Seguridade has successfully raised a total of 1.22 billion reais, equivalent to approximately $216 million. Priced at 14.75 reais per share (approximately $2.61), this offering was facilitated by its controlling shareholder, Caixa Economica Federal. Local media outlet Valor Economico reported these developments regarding the share offering.

In summary, Caixa Seguridade’s secondary share offering has proven to be financially successful, raising $216 million for the company through shares priced at 14.75 reais each. The transaction was executed by Caixa Economica Federal, its controlling shareholder, reflecting confidence in the firm’s market position.

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