Pine Labs may file for nearly $1 bn Nasdaq IPO by Oct end
Pine Labs, the merchant commerce platform, hired investment bank Morgan Stanley to manage the proposed initial share sale and is looking to raise as much as $1 billion through a mix of primary and secondary stake sales, the people cited above said, requesting anonymity
MUMBAI : Pine Labs, which is aiming for a $6 billion Nasdaq listing, is likely to file paperwork for its initial public offering (IPO) by the end of this month, two people directly aware of the company’s plan said.
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