Europcar plans to close its IPO by june 2015

Europcar Groupe SA, European car rental leader, went under the spot light this May 2015.

First, the French HQ based company announced its intention to be listed on Euronext stock exchange market by the end of June 2015 and expects to raise 475m€ in capital, used to partially reimbursed its debt.

Second, the Group, owned by the fund Eurazeo, published first quarter 2015 results showing a revenue increase of +11% with a slight improvement of the profitability.