Ant International-backed Mynt secures PSE approval for ~$1.3B IPO
The Philippine Stock Exchange approved Mynt’s nearly $1.3 billion initial public offering, which would be the country’s largest-ever listing if completed.
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07:31:16 AM UTC
SquawkNews
Mynt, parent of Philippine financial app GCash, has won approval from the Philippine Stock Exchange for a planned initial public offering of up to 92.3 billion pesos ($1.47 billion), Globe Telecom PSE:GLO, one of its top shareholders, said.Here are some details:($1 = 62.6540 Philippine pesos)
3 billion initial public offering that, if completed, would be the country's largest-ever listing. Mynt operates the mobile financial-services platform GC…