BlackRock Said to Buy Into GCash Owner IPO Priced Below Maximum

BlackRock, Capital Group, and Schroders are among investors planning to purchase shares in the initial public offering of Fintech Acquisition Corp. 3, which owns GCash, the Philippines' largest mobile wallet service. The company indicated to investors that the IPO would be priced below its maximum target range. The deal was underway as of the reporting date.

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