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