Warburg Exits Brazilian Logistics Operator Sequoia Logística via Follow-On Offering for ~USD121m

Source(s): Trademap

Warburg Pincus has partially exited its stake in B3-listed Sequoia Logística, a Brazil-based logistics operator focused on the e-commerce sector, via a follow-on offering worth BRL894m (~USD158.5m). Warburg Pincus received BRL684m (~USD121m) for its shares. Read more