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Logistics co Hidrovias do Brasil hires banks for potential IPO

Logistics company Hidrovias do Brasil said on Tuesday it had hired investment banks for a potential IPO, although it said that no decision has been made about whether to proceed with an offer, according to a securities filing.

SAO PAULO, July 14 (Reuters) - Logistics company Hidrovias do Brasil said on Tuesday it had hired investment banks for a potential IPO, although it said that no decision has been made about whether to proceed with an offer, according to a securities filing.

Hidrovias do Brasil said it had hired Bank of America Merrill Lynch, Banco Múltiplo S.A., Itau BBA Banco Santander Brasil, Morgan Stanley, BTG Pactual and Citigroup.

(Reporting by Marcelo Rochabrun; Editing by Stephen Coates)

((marcelo.rochabrun@thomsonreuters.com; +55 11 5644 7768;))

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