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Gol to raise $346 million from share offering
14 October 2009
Brazil’s low cost carrier will issue 38,005,000 preferred shares to strengthen its balance sheet
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Gol
Brazil
ADS
CVM
preferred shares
GOL Linhas Aereas Inteligentes SA (Gol) will raise approximately $346.6 million from a global share offer as it looks to prop up its balance sheet.
Brazil’s largest low cost carrier will issue 38,005,000 preferred shares, including preferred shares in the form of American depositary shares (ADS)....
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