Report: Boeing supplier Doncasters has selected an investment bank for its planned US IPO.

The Doncasters Group has selected Morgan Stanley, JPMorgan Chase & Co., Barclays Bank, and Mizuho to prepare for its initial public offering in the United States, with a potential valuation exceeding $4 billion. According to sources, the IPO could take place as early as 2026, with a fundraising target estimated between $500 million and $1 billion. Doncasters produces specialty metal products for aircraft, industrial gas turbines, and automotive manufacturing. The company's focus on the aerospace industry and the booming artificial intelligence sector is expected to attract investor interest in its IPO.