Santander Brasil Is Primed for Growth
The Brazilian banking oligopoly gives IPO Santander Brasil impressive pricing power, but risks of government intervention remain.
Bill Buhr: Hi, I'm Bill Buhr, IPO Strategist with Morningstar. While the IPO market has been in full swing here in the US, we wanted to take a step back and shift our focus to Brazil, where a gigantic offering is set to make its debut next week. Banco Santander Brazil will offer $7 billion in its IPO. Here to talk with me about the company is Morningstar Equity Analyst Mac Pina. Mac, thanks for joining me.
Maclovio Pina: It's a pleasure.
Bill Buhr does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.