Brazil’s Mastercard Rival Elo Taps Bank of America, Other Banks for US IPO
Elo Servicos SA, the payments firm owned by Brazilian state and private lenders, has chosen banks to handle its long-awaited initial public offering, according to people familiar with the matter.
By Rachel Gamarski, Vinicius Andrade · Bloomberg Markets
Elo Servicos SA, the payments firm owned by Brazilian state and private lenders, has chosen banks to handle its long-awaited initial public offering, according to people familiar with the matter.