CVC-backed Thai MFI player Ngern Tid Lor weighs $1b IPO

CVC-backed Thai MFI player Ngern Tid Lor weighs $1b IPO

Ngern Tid Lor Co., a Thai microfinance company controlled by Bank of Ayudhya Pcl, has picked banks to explore a potential initial public offering that could raise as much as $1 billion, people with knowledge of the matter said.

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