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Teneo handles media for Circle Internet Group, the largest US issuer of stablecoins, as it plans to raise about $625M via an initial public offering.
It pegged its stock price from $24 to $26 per share, giving the company a valuation in the $6.2B range.
Circle, which will trade on the New York Stock Exchange, has already raised about $1.2B via private placements. Those investors include Oak Investment Partners, Accel, Fidelity and Breyer Capital.
Circle pitches itself as a global financial technology firm that enables businesses to harness the power of digital currencies and public blockchains for payments, commerce and financial applications worldwide.
Publicis Groupe reported 4.5 percent Q1 organic growth in net revenues to $4.1B despite the volatile macro environment.
PondelWilkinson, the Los Angeles-based IR and strategic communications shop, has expanded to the East Coast by adding Anreder & Company veterans following the retirement of principal Steven Anreder.
Teneo represents American Ocean Minerals Corp as its merges with NASDAQ-listed Odyssey Marine Exploration to create a $1B deep-sea critical minerals research and mining platform that is under US-control.
Kekst CNC represents Cleveland-based Everstream as the business-only fiber network receives bankruptcy court approval for the sale of almost all of its operations to Bluebird Fiber for $385M.
FTI Consulting handles media for McCormick as the 137-year-old flavors company combines with Unilever Foods in a deal valued at $45B.
