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Brazil car rental firm Unidas files for IPO, hires banks
November 28, 2016 / 9:10 PM / 10 months ago

Brazil car rental firm Unidas files for IPO, hires banks

SAO PAULO, Nov 28 (Reuters) - Unidas SA and shareholders have filed for an initial public offering, just a month after Enterprise Holdings Inc agreed to buy a 20 percent stake in the Brazilian car rental firm.

In a securities filing, São Paulo-based Unidas said it hired the investment banking units of Itaú Unibanco Holding SA, Bank of America Corp, JPMorgan Chase & Co and Haitong Securities Co Ltd to underwrite the transaction, commonly known as an IPO. The company and a number of unidentified shareholders will place stakes in the offering, according to the filing. (Reporting by Guillermo Parra-Bernal; editing by Diane Craft)

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