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Soy Producer Files Brazil Follow-on
SLC Agricola has filed for a primary and secondary share offering on the Sao Paulo Stock exchange. It did not specify the amount of new shares to be offered both in Brazil and to certain international investors, or the amount of existing shares to be sold by holding company SLC Participacoes. Nor did it give an indication of timing, saying only that it expects to launch upon receiving CVM approval. The Brazilian soy and cotton grower raised BRL490m in a July 2007 IPO.
