SoftBank-backed Oyo shortlists investment banks for $1.2 billion IPO

9/08/2021 1:42:56 PM | Source: Reuters

SoftBank-backed Oyo shortlists investment banks for $1.2 billion IPO - Moneycontrol

News By Tags | #3701 #442 #4973 #3081

BENGALURU - SoftBank-backed Oyo Hotels & Rooms has shortlisted investment banks JP Morgan, Kotak Mahindra Capital and Citi for its initial public offering in India, financial news website Moneycontrol reported on Monday, citing multiple industry sources.

The three banks were taken on board recently and work on the issue has started, Moneycontrol quoted one of the persons cited above as saying. (https://bit.ly/3sfuIYV)

Oyo did not immediately respond to Reuters request for comment.

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here

IGI Logo

SoftBank-backed Oyo shortlists investment banks for $1.2 billion IPO - Moneycontrol

Top News

Tag News

More News