Nubank had earlier this month said it aimed to raise nearly $3 billion at a valuation of more than $50 billion. That’s $12 billion more than the market cap of Brazil’s largest bank Unibanco Holding SA.
from Tech-Economic Times https://ift.tt/3E6vcFC
Monday, November 29, 2021
Brazil's Nubank said to weigh a reduction in IPO valuation
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