(Reuters) - Telus International (Cda) Inc, a subsidiary of wireless carrier Telus Corp., aims to raise as much as $833 million in its initial public offering (IPO), which would give the Vancouver-based company a valuation of nearly $7 billion. The flotation would be one of the largest in recent years for a Canadian company. Last year, Canadian waste management firm GFL Environmental Inc raised about $1.4 billion in its IPO, making it one of the largest ever stock market listings in Canada. (Reuters) - Telus International (Cda) Inc, a subsidiary of wireless carrier Telus Corp., aims to raise as much as $833 million in its initial public offering (IPO), which would give the Vancouver-based company a valuation of nearly $7 billion. The flotation would be one of the largest in recent years for a Canadian company. Last year, Canadian waste management firm GFL Environmental Inc raised about $1.4 billion in its IPO, making it one of the largest ever stock market listings in Canada. Telus International said its revenue for the full year ended Dec. 31 was estimated to be between $1.57 billion and $1.58 billion, compared with $1.02 billion a year earlier, according to regulatory filings from the company. [bit.ly/3sXwZYi] Started in 2005, Telus International provides IT services to global brands and counts Cisco Systems Inc, Salesforce.com Inc and Google Cloud among its customers. J.P. Morgan and Morgan Stanley are the lead underwriters of the offering.
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