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Caixa wants to raise US$ 3.45bn with stock sale, includes Lotteries area

In an interview with O Globo, the president of Brazil’s Caixa Econômica Federal, Pedro Guimarães, said that the bank expects to raise at least US$ 3.45 billion with the opening of capital of four of its subsidiaries that operate in the areas of cards, insurance, lotteries and asset management. According to his estimates, the operations related to Caixa Loterias are scheduled for the period between January and April 2020.

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