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santander hires barclays and goldman sachs for ebury ipo
Santander has engaged Barclays and Goldman Sachs to facilitate an initial public offering for Ebury, a payments firm it majority owns. The IPO is anticipated around May or June on the London Stock Exchange, with a projected valuation of approximately £2.5 billion ($3.22 billion). Ebury, part of Santander's PagoNxt global payments platform, recently appointed Bruce Carnegie-Brown as chairman in preparation for the listing.
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