Thursday, July 19, 2012

UPDATE 4-Biosev postpones Brazil IPO in blow to owner Dreyfus

* Biosev suspends IPO pricing indefinitely on demand
* Had suggested one-day delay would muster bidding
* Signals caution among investors over Brazil IPOs


By Joan Magee and Guillermo Parra-Bernal
NEW YORK/SAO PAULO, July 19 (Reuters) - Biosev, the
Brazilian unit of global commodities company Louis Dreyfus Corp
, suspended on Thursday its initial public offering
for an indefinite period, citing a lack of demand from
investors.
Demand for the IPO faltered only hours before i

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