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|Blackstone-backed Patria Eyes Expansion In Latam, Asia|
SAO PAULO: Brazilian asset manager Patria Investments Ltd, whose shareholders include Blackstone Group Inc, plans to use the proceeds of its $588 million initial public offering partly to expand in new emerging markets, executives said on Friday. Patria raised $326 million in the IPO and shareholders selling stakes will receive $262 million.
Posted: 2021-01-23 00:37:00
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