Bolsonaro emerges as risk factor for Brazil IPO pipeline

Investing.com | Sep 14, 2021 at 4:08 PM
  • Competition, the pandemic and sectoral demand are common challenges facing companies planning initial public offerings (IPOs), but Brazilian companies have started to flag a new risk: political upheaval from far-right President Jair Bolsonaro.
  • Bolsonaro’s recent confrontation with Brazil’s Supreme Court amid an economic crisis has raised fears over the country’s reform process and threatens to poison the environment for 25 IPOs-in-waiting.