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TELUS International announces pricing of upsized initial public offering

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TELUS International (TIXT) IPO Opens Higher

February 3, 2021 11:52 AM EST

Today's IPO for TELUS International (NYSE: TIXT) opened for trading at $33.10 after pricing 37.0 million subordinate voting shares at a price of US$25.00 per share. Shares have since trimmed gains to $31.51.

TELUS International is being spun-off from TELUS CorporationTELUS (NYSE: TU).

J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC are acting as... More