MADRID, March 6 (Reuters) - Spain's Santander SAN.MC has hired Barclays and Goldman Sachs to launch an initial public offering of payments company Ebury, which it majority owns, Expansion said on Thursday.
Ebury would aim to go public around May or June on the London Stock Exchange with a valuation of around 2.5 billion pounds ($3.22 billion), according to unidentified sources close to the process cited by Expansion.
Santander, which declined to comment on the Expansion report, has said in the past that a listing of Ebury was one of many alternatives for the business.
Barclays, Goldman Sachs and Ebury were not immediately available for comment.
Ebury is part of PagoNxt, Santander's global payments platform, which is one of the bank's five core global business areas.
In October, Ebury hired finance veteran Bruce Carnegie-Brown as its chairman ahead of a potential stock exchange float.
($1 = 0.7754 pounds)
(Reporting by Jesús Aguado; Editing by Jan Harvey)
((jesus.aguado@thomsonreuters.com; +34 91 835 68 32; Reuters Messaging: Reuters Messaging: jesus.aguado.reuters.com@reuters.net))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.