SAO PAULO, Sept. 23 (Xinhua) -- Brazil's two leading car rental companies, Localiza and Unidas, on Wednesday announced their decision to merge to create the largest company of its kind in many South American countries.
The CEO of Localiza, Eugenio Mattar, explained in a videoconference that the merger will be made by incorporating shares of Unidas into his company.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!