Qualicorp will be well positioned to continue its strategy of enabling Brazil’s middle class to access high-quality private health insurance.
Less than a year later Qualicorp announced an independent public offering (IPO). The IPO was expected to price between BRL 16 and BRL 19. It went at BRL 13.
Qualicorp plummeted today to BRL 16 with the announcement that Carlyle would sell half of its remaining shares in a second public offering. Early shareholders face dilution.