7-Apr-2017 11:39 AM
Azul IPO suspended for up to 30 days
Brazil's Securities and Exchange Commission (Comissão de Valores Mobiliários) suspended (06-Apr-2017) Azul's IPO for up to 30 days, effective 06-Apr-2017. The IPO proposal is being analysed by the commission, and the decision to suspend was due to irregularities in the process of marketing the offer. The suspension can be revoked once the irregularities are addressed. [more - original PR - Portuguese]