Brazil-based car rental firm Unidas on Monday filed for an initial public offering in São Paulo, aiming for up to $195m in proceeds and providing an exit to car rental provider Enterprise Holdings.
Unidas has not yet revealed a date for the flotation or priced its shares for the offering.
The announcement comes just one month after Enterprise Holdings made a strategic investment in Unidas, acquiring a 20% stake and taking a board seat. Unidas and Enterprise Holdings have been…
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