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Sard Verbinnen & Co. represents Ant Group as it readies one of the biggest initial public offerings of 2020.
Founded in 2014 to process payments for Chinese e-commerce giant Alibaba, Reuters recently valued Ant at $200B.
Ant announced July 20 that it plans to list its stock on the Hong Kong and Shanghai stock exchanges.
“Becoming a public company will enhance transparency to our stakeholders, including customers, business partners, employees, shareholders and regulators,” Eric Jing, executive chairman of Ant, said in a statement.
Ant is China’s No. 1 mobile payments company. It has 900M users.
The company, which wants to be viewed as a technology rather than a financial one, changed its name from Ant Financial in June.
Caterpillar’s Rob Rengel will join ATI Inc. on June 22 as VP-investor relations, succeeding the retiring David Weston.
Hut 8, energy infrastructure platform, has named NextEra Energy's Mark Eidelman head of IR and SVP of strategic finance.
Teneo handles easyJet as Minneapolis investment firm Castlelake mulls a possible takeover of the British budget airline.
Brunswick Group represents Universal Music Group as it rejects the unsolicited $65B takeover offer by billionaire Ed Ackman's Pershing Square Capital Management because it “fundamentally and materially undervalues” the world’s largest music company.
Prosek Partners brings on Danielle O’Brien as a managing director in its investor relations practice, based in the firm’s New York office.
