Camelot Information Files for $250 Million IPO

Camelot Information Systems Inc., a Beijing-based provider of enterprise application services and financial industry IT services in China, has filed for a $250 million IPO. It plans to trade on the NYSE under ticker symbol CIS, with Barclays Capital and Goldman Sachs (Asia) serving as co-lead underwriters.

Citigroup Venture Capital holds a 29% pre-IPO stake.