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Brazilian Payments Firm Elo Plans American IPO

Brazilian Payments Firm Elo Plans American IPO

Brazilian payments firm Elo is reportedly working on an initial public offering (IPO). The company has tapped banking partners as it prepares to list in the U.S. in the second half of the year, Bloomberg News reported Monday (May 11), citing sources familiar with the matter. Bloomberg notes that the listing plan shows that Brazil’s IPO market could [...] The post Brazilian Payments Firm Elo Plans American IPO appeared first on PYMNTS.com .

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