StoneCo's IPO gets Buffett boost

摘要

Warren Buffett's Berkshire Hathaway will take nearly one-third of the shares offered as part of fast-growing Brazilian payments processor stoneco's USS1.1bn Nasdaq IPO. The anchor order has shored up the deal amid signs that the US new issue window may be closing. StoneCo began marketing the sale of 47.7m Class A shares at US$21-$23 each on Tuesday for pricing on October 25.