SAO PAULO (Dow Jones)--The Brazilian capital market will soon mark the return of initial public stock offerings, doing so with a splash, with the world's biggest IPO so far in 2009.
Credit-card networking-services provider Visanet SA this week began the period for investors to reserve shares ahead of the planned start of trading on June 29.
Visanet's IPO should easily eclipse China Zhongwang Holdings Ltd. (1333.HK), which raised $1.27 billion in April, as the world's biggest IPO so far this year.
Visanet is planning to raise between 5.73 billion Brazilian reals ($2.87 billion).
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