Bids for Biotoscana Brazil IPO nearly five times supply, sources say
July 21, 2017 at 12:16 PM EDT
BOGOTA/SAO PAULO, July 21 (Reuters) - Investors have placed bids worth nearly five times the amount of shares put on sale at the midpoint of a suggested price range for the Brazilian listing of Grupo Biotoscana SA, three people with knowledge of the transaction told Reuters.