GCash said to weigh record Philippine IPO of up to $1.5B

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2024-11-29 12:16:48

GCash said to weigh record Philippine IPO of up to $1.5B – report

GCash, the largest fintech platform in the Philippines, has invited banks to pitch for an initial public offering (IPO) in Manila to potentially raise $1 billion to $1.5 billion, Bloomberg reported on Thursday, quoting people familiar with the matter. The company intends to list in the second half of next year, the people reportedly said. An IPO of that size would likely make it the biggest...

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