Qualicorp Holders Plan Selldown

Carlyle Group and a Qualicorp official are planning a secondary share equity follow-on in the Brazilian health insurer, Qualicorp says. There were few immediate details, but a deal of at least BRL850m ($497m) is heard in the works. Bank of America Merrill Lynch, Bradesco, Credit Suisse and Goldman Sachs, managers of Qualicorp’s BRL1.08bn IPO last year, are expected to manage the offering. The two selling shareholders are Carlyle’s holding vehicle and a vehicle owned by founder and board president Jose Seripieri Filho. The two were the sellers in the BRL731m secondary portion of the IPO. Qualicorp shares closed Thursday at BRL16.00.