This content is from: Innovation
Trustwave To Raise $100M In IPO
Trustwave Holdings is seeking to raise around $100 million in an initial public offering.
Trustwave Holdings is seeking to raise around $100 million in an initial public offering (IPO), The Wall Street Journal reports. The data-security and compliance-management company plans to use the proceeds from the offering for general corporate purposes.
The Chicago-based company has not disclosed the details of the number of shares to be sold or their expected price, adds Reuters. Morgan Stanley, JP MorganSecurities and Barclays Capital are the lead underwriters of the offering.
Click here for the story from The Wall Street Journal.
Click here for additional coverage from Reuters.