Network International seeks $3bn valuation

Dubai Fotolia 230x150
By Aidan Gregory
14 Mar 2019

Dubai-based payments company Network International has kicked off investor education for its IPO on the London Stock Exchange, which is expected to value the business in the region of $3bn, according to a source close to the deal.

Morgan StanleyCitiJP Morgan and Emirates NBD are global co-ordinators; Barclays and Goldman Sachs are bookrunners. Evercore Partners is financial adviser.

Network International’s IPO, which is the first large flotation to be launched in London this year, is being pitched to investors as a chance to buy into the ...

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