Brazilian Travel Co Plans IPO

Brazilian Travel Co Plans IPO

Brazil Equity

Brazilian travel operator Brasil Travel Turismo e Participacoes has filed with local regulators to carry out an IPO. Brasil Travel is a holdco for 35 companies involved in businesses such as travel agencies, foreign exchange, travel insurance, and tour operations. The company is headed by Paulo Castello Branco, a former VP of Brazilian airline TAM, and chaired by co-founder and ex-BTG Pactual partner Pedro Guimaraes. It has not yet indicated the number of primary and secondary shares to be sold,

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