China's Ucommune finds U.S. investment bank to work on IPO - sources
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NEW YORK/HONG KONG (Reuters) - Chinese shared workspace provider Ucommune has tapped a little-known U.S. investment bank to help launch its initial public offering (IPO), after Citigroup Inc and Credit Suisse Group AG walked away from underwriting it, according to people familiar with the matter.Ucommune had been left with a syndicate of Chinese brokerages as IPO underwriters, because Citigroup and Credit Suisse decided they could not deliver the offering at a valuation they had previously..