Europcar Selects Rothschild for IPO

Owned by French investment fund Eurazeo, Europcar has selected investment bank Rothschild to start an initial public offering, according to a report by Les Echos via Reuters.

Eurazeo declined to comment and spokespeople from Rothschild and Europcar could not be reached, says the report. But when questioned about the future of its 87% stake in Europcar and the possibility of listing it through an IPO, Eurazeo said all options were being discussed.

Europcar has locations in over 150 countries including Europe, Africa, Middle East, Central America and Asia-Pacific, according to its website.

Click here for the full Reuters article: http://www.reuters.com/article/2014/03/20/europcar-ipo-idUSL6N0MH1SE20140320

Comment On This Story

Name:  
Email:  
Comment: (Max. 10000 characters)  
Please leave blank:
* Please note that every comment is moderated.

 
 

Newsletter: Sign up to receive latest news, articles, and much more.

Read the latest

Auto Focus Blog: A blog covering fleets, auto rental and the business of cars

What a Connected Fleet Means to Avis (and Car Rental)

Counter bypass is just the beginning. The promise of a “data-driven ecosystem” that connects renters with the rental agency, retail services, and even the city is a better managed fleet, an improved user experience, and new revenue opportunities during the rental itself.

Should Peer-to-Peer Renters Pay Airport Car Rental Fees?

The question is central to the City of San Francisco’s lawsuit against Turo for operating without a permit at San Francisco International Airport.

Hard Times Ahead for the Compact SUV Segment?

The hottest segment today is facing a glut of models and volume in tomorrow’s wholesale market.

Job Finder: Access Top Talent. Fill Key Positions.

>