UK Boeing Supplier Doncasters Said to Pick Banks for US IPO
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000US Stocks:Workers install parts on a Boeing airplane in a maintenance hanger.Doncasters Group, an almost 250-year-old UK metal engineering group that supplies Boeing Co., has selected banks for a US initial public offering that could value the firm at more than $4 billion, according to people familiar with the matter.The Leeds-based company has picked advisers including Morgan Stanley and Jefferies Financial Group Inc., as well as Barclays Plc and Moelis & Co., to manage the share sale, the people said. The offering could take place as soon as in 2026, the people said, asking not to be identified because discussions are private.