GEMS picks JP Morgan, Credit Suisse, BAML for $5 Billion IPO -Reuters
04 December 2017 - 11:08PM
Dow Jones News
--GEMS Education's owners have chosen JP Morgan, Credit Suisse
and Bank of America Merrill Lynch to lead its initial public
offering, Reuters reports, citing unnamed sources.
--GEMS, which operates more than 250 schools in 14 countries,
could have a market capitalization of around $4.5 billion-$5
billion, Reuters said.
--The listing is expected to take place in London in 2018,
according to Reuters.
Full story: http://reut.rs/2AsLtol
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(END) Dow Jones Newswires
December 04, 2017 06:53 ET (11:53 GMT)
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