July 3, 2020 / 2:31 AM / a month ago

Brazil car rental firm Maestro considers initial public offering

SAO PAULO, July 2 (Reuters) - Brazilian car rental and fleet management company Maestro Locadora de Veiculos SA said on Thursday it is considering a potential primary share offering to be coordinated by investment banking units of BTG Pactual and Credit Suisse.

In a securities filings, Maestro said the transaction is still subject to shareholders’ approval and also depends on market conditions. (Reporting by Gabriela Mello; editing by Christian Schmollinger)

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