Localiza, Unidas close to divesting assets to get deal approval -report

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Citing people with knowledge of the matter, the paper said the sale is being managed by the investment banking unit of Bank of America (NYSE:BAC) and that the assets may be sold for around 4 billion reais ($791 million).

Among the companies interested are rental car companies Ouro Verde and Turbi, the paper said.

Localiza, Unidas, Ouro Verde, Turbi and Bank of America did not immediately respond to a request for comment.

($1 = 5.0583 reais)