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OfBusiness hires Axis, JPMorgan, Citi for 2025 IPO
November 21, 2024
|Mint Mumbai
Of Business is unconcerned by the recent market correction in India, said Nitin Jain, the firm's co-founder
S oft Bank-backed shopping website OfBusiness has appointed five investment banks including India's Axis Capital, Morgan Stanley and JPMorgan for its up to $1 billion intial public offering (IPO) targeted for 2025, a top executive told Reuters on Wednesday.
Citigroup and Bank of America have also been given the mandate to manage the stock offering which the company aims to launch late next year, said chief financial officer Bhavesh Keswani.
هذه القصة من طبعة November 21, 2024 من Mint Mumbai.
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