Localiza settles share sale

Localiza settles share sale

Equity Corporate & Sovereign Strategy Capital Markets Brazil

Brazil's Localiza said it has priced a follow-on equity offering, looking to earn BRL1.82bn ($498m) from the sale of 72m shares for BRL33 each. The car rental company will have BRL3.32bn in share capital after it completes the follow-on offering on

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