Market Chatter: Goldman Sachs, Morgan Stanley, JP Morgan Tapped for Klook IPO

MT Newswires Live

Aug 18

Goldman Sachs (GS), Morgan Stanley (MS), and JPMorgan (JPM) are among investment banks that have been retained by Klook for a potential initial public offering in the US, Reuters reported Sunday, citing two people with knowledge of the matter.

Klook, a Hong Kong-based travel booking services company, is looking to raise approximately $500 million through the offer, the report added.

Goldman Sachs, Morgan Stanley, JP Morgan, and Klook didn't immediately reply to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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