Ideiasnet Postpones Share Sale

IT investment company Ideiasnet has asked Brazil’s CVM to allow it to postpone its offering of 40m-48m new shares on the Sao Paulo stock exchange. It filed for a 60-day postponement of the approval process for “strategic reasons, considering the conditions of the national and international capital markets in the past few days.” Pricing had been set for January 30. JPMorgan is leading the sale, with Unibanco, HSBC and Espirito Santo Investimentos.