The Vancouver-based company said some of its shareholders, including Baring Private Equity Asia, will sell 12 million subordinate voting shares, with an expected option of an additional 1.8-million shares for the underwriters. (The Logic)
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The Vancouver-based company said some of its shareholders, including Baring Private Equity Asia, will sell 12 million subordinate voting shares, with an expected option of an additional 1.8-million shares for the underwriters. (The Logic)
Talking point: Telus International, which isn’t selling any subordinate voting shares in the offering, will not receive any proceeds. The price per share has not been disclosed. In Canada, J.P. Morgan Securities Canada, Barclays Capital Canada, CIBC World Markets and Credit Suisse Securities Canada are the deal’s underwriters. Telus International, which went public on the Toronto and New York stock exchanges in February, was added to the S&P/TSX Composite Index earlier this month. The company has reported strong earnings since its IPO with an acquisition–focused growth strategy.
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