|
|
|
|
|
Outsourcing firm to go public Indian firm WNS Holdings aims to make its market debut on the Big Board. NEW YORK (CNNMoney.com) -- Indian outsourcing firm WNS Holdings intends to raise about $74 million through an initial public offering, according to a filing made with the Securities and Exchange Commission Monday. About 10.4 million American Depositary Shares will be offered to underwriters - 4.47 million from the company and about 5.96 million from existing shareholders, according to the filing.
WNS estimates its shares to price between $18 to $20 a share and said it expects to raise about $73.9 million from the offering, after the deduction of underwriting costs. The Mumbai-based company provides offshore business outsourcing services to customers in Europe and North America. Some of its biggest clients include Travelocity, British grocer Tesco and Virgin Atlantic Airways, according to its filing. The company expects to list on the New York Stock Exchange under the symbol "WNS." Related: Why IPOs are hurting |
|
* : Time reflects local markets trading time. † - Intraday data delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges. Disclaimer
| Copyright © 2009 BigCharts.com Inc. All rights reserved. Please see our Terms of Use. MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc. Intraday data provided by Interactive Data Real-Time Services and subject to the Terms of Use. Intraday data is at least 20-minutes delayed. All times are ET. Historical, current end-of-day data, and splits data provided by Interactive Data Pricing and Reference Data. Fundamental data provided by Morningstar, Inc.. SEC Filings data provided by Edgar Online Inc.. Earnings data provided by FactSet CallStreet, LLC. |
