Renault SA is inviting investment banks to pitch for a role on the planned initial public offering of its Ampere electric vehicle business, according to people familiar with the matter.
The French carmaker has been sending out requests for proposals to potential IPO underwriters in recent days, the people said, asking not to be identified because the information is private. It’s considering listing Ampere on the Euronext Paris bourse as soon as the fourth quarter, the people said.
