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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.

This article was originally published by Bloomberg Markets and is republished here under license.

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.

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