Clear Sale’s $220.3 Million Initial Public Offering

Skadden, Arps, Slate, Meagher & Flom LLP represented Itaú BBA, BofA Securities, BTG Pactual and Santander in the offering.

Clear Sale S.A. executed the 1.14 billion Brazilian real (US$220.3 million) (excluding the underwriters’ over-allotment option) initial public offering.

Clear Sale S.A. is a Brazilian company providing digital antifraud solutions in segments such as e-commerce, financial transactions, direct sales, telecommunications, and insurance services.

The Skadden team led by Corporate partners Mathias von Bernuth (Picture) and Filipe Areno, counsel Lauren Bennett, associate Carlo von Hanstein and local associate Thiago Claro in São Paulo, also included Tax partner Victor Hollender and associate Joshua Lin in New York.

Involved fees earner: Filipe Areno – Skadden Arps Slate Meager & Flom; Lauren Bennett – Skadden Arps Slate Meager & Flom; Thiago Claro – Skadden Arps Slate Meager & Flom; Victor Hollender – Skadden Arps Slate Meager & Flom; Joshua Lin – Skadden Arps Slate Meager & Flom; Mathias von Bernuth – Skadden Arps Slate Meager & Flom; Carlo von Hanstein – Skadden Arps Slate Meager & Flom;

Law Firms: Skadden Arps Slate Meager & Flom;

Clients: Bank of America Securities; BTG Pactual; Itaú BBA USA Securities; Santander;