Cross-border payments and foreign exchange services provider CAB Payments will list on the London Stock Exchange, it said in a regulatory filing today (15 June).
The company will apply for admission of its ordinary shares to the premium listing segment of the official list of the Financial Conduct Authority and to trading on the main market for listed securities of LSE. WE Soda cancels London IPO due to 'extreme investor caution' A final offer price has not been set as the firm awaits a book-building process, but its valuation is expected to be around £1bn. CAB Payments said admission to the market is expected in July 2023. It explained the IPO will comprise a secondary sell down of existing ordinary shares by Merlin Midco and certain ot...
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