Advent-Backed Prisma Considering IPO with Morgan Stanley

Reported about 9 hours ago

Private equity firm Advent is exploring potential exit strategies for Argentina-based payments company Prisma Medios de Pago, including a possible IPO valued at up to $5 billion, with Morgan Stanley's assistance. Advent, which previously acquired Prisma, may aim to float about 30% of the company in the US this year, capitalizing on heightened demand for Argentine assets, though discussions are ongoing and other options may be considered.

Source: YAHOO

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