MasterCard Inc., the world’s No. 2 credit card association, may raise as much as $2.45 billion in an initial public offering of stock, the company said in a regulatory filing on Thursday.
Terms have not been set for the offering, which is expected to take place early next year and be led by underwriter Goldman Sachs & Co., according to the filing with the U.S. Securities and Exchange Commission.
For this complete story, please visit MasterCard Files for $2.45 billion IPO.