Russian-Backed Software Company Luxoft Files for U.S. IPO
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Luxoft Holding Inc., a Russian-backed software developer providing services to Deutsche Bank AG, UBS AG and Boeing Co., filed for an initial public offering in New York.
The company is preparing for a $80 million offering, according to a regulatory filing yesterday. The amount is a placeholder that may change. UBS, Credit Suisse Group AG, JPMorgan Chase & Co., VTB Capital and Cowen & Co. are managing the sale.