MSPEA-backed AMTD subsidiary to list in US
AMTD International, the investment banking, asset management, and strategic investment division of Hong Kong-based financial advisor AMTD Group, has filed for an IPO in the US. Both companies are backed by Morgan Stanley Private Equity Asia (MSPEA).
Financial details of the IPO have not been announced. AMTD International reported its valuation at $1.3 billion last month and AMTD Group indicated in a prospectus that it intended to retain its controlling...
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