Uber planning IPO price range of about $44 to $50 a share [MSN Money]
Toyota Motor Corporation (TM)
US:NYSE Investor Relations:
toyota-global.com/investors
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Source: MSN Money
Uber Is Planning IPO Price Range of About $44 to $50 a Share © Rex Featur The San Francisco-based company could aim to raise about $8 billion to $0 billion in the listing, the people said, who asked not to be idtified as the matter isn’t public. The final details of the price range may still change, the people said. At at the lower d of the range the price would value Uber just above its last private funding round, in which Toyota Motor Corp. invted at a valuation of about $76 billion. Uber is taking a conservative approach to its valuation and could later raise the price depding on invtor demand, the people said. Last year, bankers jockeying Uber is expected to set the terms for its IPO as soon as Friday before heading out on a road show to market the stock to pottial invtors, the people said. A spokman for Uber declined to commt. For more articl like this, please visit us at bloomberg.com ©09 Bloomberg L.P. Read More
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