Uber proposals value company at $120 billion in a possible IPO: WSJ [Reuters (UK)]
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Source: Reuters
Uber proposals value company at $120 billion in a possible IPO: WSJ | Reuters 1 Min Read (Reuters) - Uber Technologies Inc [UBER.UL] 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 Group Inc 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. Reporting by Munsif Vengattil in Bengaluru; Editing by Arun Koyyur All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. © 2018 Reuters. All Rights Reserved.
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