US IPO activity has gained momentum in a long-awaited rebound, supported by strong tech earnings and signs of progress in trade talks
The banks leading preparations for the listing were Goldman Sachs, JPMorgan Chase, Mizuho Financial Group and Morgan Stanley, the sources said.
The PayPay offering may raise more than US$2 billion from investors when it takes place, which the sources said could be as soon as the final quarter of this year.
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