Deals
Groupon Said to Offer Role to More Banks in Initial Offering
This article is for subscribers only.
Groupon Inc., seeking to raise $750 million in an initial public offering, asked six more banks to help underwrite the sale, including Barclays Plc and JPMorgan Chase & Co., said two people with knowledge of the situation.
Citigroup Inc., Deutsche Bank AG, Bank of America Corp. and Allen & Co. were also offered a role, said the people, who declined to be identified because the decision isn’t public. Morgan Stanley, Goldman Sachs Group Inc. and Credit Suisse Group AG are leading the IPO, a June 2 filing said.