The company, which will go public next week, will initially be formed by the spin-off of Vamos' dealership arm and is expected to close the year with revenues of around R$ 3 billion.
The new company created by the Simpar holding company to operate in the dealership segment will make its debut on B3 next Monday (16), with shares initially priced between R$ 0.15 and R$ 0.20. The company is the result of a corporate rearrangement of the group's vehicle and machinery sales business, which originally belonged to two holding companies: Vamos (trucks and machinery) and Automob (cars and motorcycles). The new company will begin trading on B3 under the ticker AMOB3.
Read the full story at: Simpar's new company debuts on B3 with shares priced between R$ 0.15 and R$ 0.20 | Empresas | Valor Econômico