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OPay withdraws planned $304m US IPO after regulatory inquiry

OPay Limited has announced that it will be terminating its underwriting agreement and shelving plans for an initial public offering (IPO) on the New York Stock Exchange (NYSE) following a regulatory inquiry in a foreign jurisdiction the company described as “immaterial” to its core business.

We haven't written up this one. Finextra has the full story — the link below goes straight to it.

Read the original at finextra.com →

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