Interswitch hires advisers to look anew at listing plan
London and Lagos are the preferred stock exchanges for an initial public offering
London — Interswitch, a Nigeria-based payments firm, has hired advisers to resurrect plans for a stock-market listing in London and Lagos later in 2019, people familiar with the matter said.
JPMorgan Chase & Co, Citigroup and Standard Bank Group are among the firms working on an initial public offering (IPO), which may value the financial technology company at $1.3bn to $1.5bn, the people said, asking not to be identified because the deliberations are private...
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