Uber proposals reportedly value company at $120 billion in a possible IPO [CNBC]
Morgan Stanley (MS)
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Source: CNBC
Carlo Allegri | Reuters The Chief Executive Officer of Uber, Dara Khosrowshahi Uber Technologies recently received proposals from Wall Street banks valuing the company at as much as $120 billion in an initial public offering that could take place early next year, The Wall Street Journal reported on Tuesday . Goldman Sachs and Morgan Stanley last month delivered the valuation proposals to Uber, the report said, citing people familiar with the matter. Uber did not immediately respond to a request for comment.
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