5 banks to present OYO's IPO plan to Softbank in London: Report
Five investment banks will propose OYO's IPO plans to its key shareholder, SoftBank, in London, reports stated. The banks include Citi, Goldman Sachs and Jefferies from the global banking pool, and ICICI Securities and Axis Capital from Indian financial institutions. SoftBank is interested in understanding OYO's positioning strategies and expected interest in the offering from investors.