JPMorgan and BofA Stick With CATL Deal Despite US House Opposition
JPMorgan Chase & Co. and Bank of America Corp. have forged ahead working on the blockbuster listing of Contemporary Amperex Technology Co. Ltd. despite a US congressional committee calling for the American lenders to drop out of the deal.
A post-listing-hearing document dated Tuesday and terms of the deal seen by Bloomberg News named the two US banks as joint sponsors, alongside China International Capital Corp. and China Securities International.
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