General Atlantic has selected JPMorgan to lead its revived initial public offering. The move brings back a plan that had been on hold.
The mandate
JPMorgan will serve as lead underwriter for the IPO. The selection signals that General Atlantic is moving forward with a listing after a period of uncertainty.
Unanswered questions
The company has not disclosed a timeline for the offering, the amount it hopes to raise, or the exchange it plans to use. Those details are expected to emerge as the process develops.
