SAO PAULO, Oct 8 (Reuters) - Brazilian online coupon and
cash rebates provider Meliuz SA plans to raise up to
880.4 million reais ($157.46 million) in an initial public
offering, according to a securities filing on Thursday.
The company, which is backed by venture capital funds
Monashees, Lumia Capital and Endeavor Catalyst, and angel
investor Fabrice Grinda, set the price range at between 10 reais
and 12.50 reais. The final price will be announced on Nov. 3.
Both the company and some of its shareholders will sell
52,173,913 shares in the offering, but this amount may grow to
70,434,782, depending on overallotments.
The IPO will be managed by Itau BBA, Bradesco BBI, BTG
Pactual and XP.
Reuters first reported Meliuz's plans to list its shares in
($1 = 5.5911 reais)
(Reporting by Carolina Mandl; Editing by David Gregorio)