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A total of 10 multinational companies will begin to have shares negotiated on Brazil's main stock market. Other firms include Amgen, Verizon Communications, Comcast, Philip Morris, Netflix, Ford Motors and Halliburton.
According to Exame, the stocks will be handled by Citigroup under the special Brazilian Depositary Receipts (BDR) regime, which comprises papers from companies that do not have open capital in Brazil and thus are not subject to local stock market regulatory rules.
The BDR certificates to be released by Citigroup are for trading by financial institutions, investment funds and portfolio managers.
The bank is waiting for securities regulator CVM's approval to schedule the launch.
This will be the second lot of shares launched by Citigroup on Bovespa under the BDR regime, Exame reported.