Argentina’s Globant Said to Plan IPO for First Quarter 2014
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Globant SA, a Buenos Aires-based technology-services provider whose clients include Google Inc., plans to hold its initial public offering early next year, a person with knowledge of the matter said.
The company will sell shares on the New York Stock Exchange in the first quarter of 2014 after it reports year-end results, according to the person, who asked not be identified because the terms are private. Globant said in an Aug. 27 registration statement with the U.S. Securities and Exchange Commission that it planned to raise $86.3 million in the IPO.