Czech car dealer AAA Auto plans IPO next year


PRAGUE, Dec 22 (Reuters) - Czech car dealer AAA Auto is planning an initial public offering next year to finance expansion in eastern Europe, a company spokesman said. AAA Auto is fully owned by Australian entrepreneur Anthony James Denny and operates in the Czech Republic, Slovakia, Romania, Hungary and has begun expansion to Poland. It says it is the largest used car dealer in the region. "There is an intention to do an IPO next year," said spokesman Vladimir Bystrov. He said the ...

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