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Is the line moving again? Automob debuts on the stock exchange - and dreams big

São Paulo, February 2025.

Automob was born big, with more than 13 billion reais in turnover

The Automob dealership is going public on the stock exchange on Monday 16th. It's actually a spin-off of an already listed company, Vamos, a subsidiary of the Simpar Group. Technically, it is an IPO, but there is no public offering of shares - they will be distributed to Vamos shareholders.

Read the full story at: Is the queue moving again? Automob debuts on the stock exchange - and... | VEJA