Brazilian airline Azul Linhas Aéreas Brasileiras has raised US$571.2m in an initial public offering in the US and Brazil. Investors in Azul include TPG Growth.
(WSJ) SÃO PAULO— Azul Linhas Aéreas Brasileiras SA, AZUL +6.73% Brazil’s third-largest airline by passengers, said it raised $571.2 million in an initial public share offering Monday in Brazil and in the U.S., and will begin trading Tuesday morning.
Read more at WSJ.
