IPO News Archive
China-based IT services firm Camelot Info prices IPO at the low end
Camelot Information Systems, a leading provider of ERP and financial industry IT services in China, raised $147 million on Tuesday by offering 13.3 million shares at $11.00, the low end of the $11.00 to $13.00 proposed range. Camelot Information Systems plans to list on the NYSE under the symbol CIS. Goldman Sachs (Asia) L.L.C. and Barclays Capital acted as lead managers on the deal.