Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
S'pore-based Shein reportedly adds more banks to arrange London listing
The Straits Times
|October 17, 2024
Shein has added more banks to help arrange its potential initial public offering (IPO) that could value the online fashion retailer at £50 billion (S$85 billion), potentially one of the biggest listings in London in recent years, people familiar with the matter said.
-
Barclays and UBS Group have been picked as bookrunners for Shein's IPO, said the people, who asked not to be identified.
A listing could take place as soon as early 2025, the people said. Deliberations are ongoing and details of the IPO could still change, they added.
The new bank mandates come as Shein is meeting prospective investors in New York this week following similar outreach in London.
This story is from the October 17, 2024 edition of The Straits Times.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The Straits Times
The Straits Times
AI use could make us ‘subcognitive’
AI threatens students’ most basic skills. If they lose their ability to understand what they read, will they lose their ability to think?
4 mins
October 31, 2025
The Straits Times
Clean tech can scale up with state support, blended finance: Panel
Such technologies are on the rise across Asean as countries seek to reduce emissions
4 mins
October 31, 2025
The Straits Times
Nearly 700 more children fall ill in Indonesia after eating free school meals
The Indonesian authorities are investigating food poisoning cases involving nearly 700 children in Yogyakarta province this week, after students ate meals prepared under President Prabowo Subianto’s key free school meal programme, an official said.
1 mins
October 31, 2025
The Straits Times
Lim Boon Heng takes 'ultimate responsibility' on failed Allianz-Income union
He and NTUC Enterprise board admit that the offer could have been managed better
3 mins
October 31, 2025
The Straits Times
VACHEROT MASTERS TOUGH MOMENTS
2025’s surprise package happy with how he handled pressure points in win over Norrie
2 mins
October 31, 2025
The Straits Times
TNP merges with Stomp
Refreshed website aims to better resonate with younger audience, attract new readers
3 mins
October 31, 2025
The Straits Times
Malaysia considers live monitoring of school CCTV footage by police
Malaysia's Home Ministry is considering a proposal to link school CCTV systems to the police to enable real-time monitoring and enhance security.
1 mins
October 31, 2025
The Straits Times
Trump asks Pentagon to immediately resume testing nuclear weapons
He says it is necessary to keep up with rivals; Russia and China criticise move
2 mins
October 31, 2025
The Straits Times
Over 350,000 have registered for QR code system at JB checkpoints
More than 350,000 people have registered for the National Integrated Immigration System (NIISe) to use QR code lanes at the Johor-Singapore border.
1 mins
October 31, 2025
The Straits Times
Don't forget human touch as SG60 exhibitions go digital
I recently attended the SG60 exhibition at the Orchard Library. While I appreciate the initiative to celebrate Singapore's 60 years of progress, I would like to share some sincere feedback and suggestions for improvement.
1 mins
October 31, 2025
Listen
Translate
Change font size