Author Topic: Lyft Picks Underwriters for IPO in 2019  (Read 58 times)

YELLO

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Lyft Picks Underwriters for IPO in 2019
« on: October 16, 2018, 04:21:04 PM »
Ride-sharing service Lyft has reportedly selected underwriters for its initial public offering (IPO) expected in early 2019.

selected JPMorgan Chase & Co. as the lead underwriter of its initial public offering along with Credit Suisse Group and Jefferies Group, the WSJ reported, citing “people familiar with the company’s plans.”

Lyft declined to comment.


https://www.google.com/url?sa=t&source=web&rct=j&url=http://amp.timeinc.net/fortune/2018/10/16/lyft-underwriters-for-2019-ipo&ved=2ahUKEwiAnuDf44veAhUxuVkKHUITBbwQFjAFegQIAhAB&usg=AOvVaw2Hv5-FfwR_R4571PV1eLdG&ampcf=1
« Last Edit: October 16, 2018, 04:24:22 PM by YELLO »

YELLO

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Re: Lyftzpicks Underwriters for IPO in 2019
« Reply #1 on: October 16, 2018, 04:23:47 PM »
Ride-hailing company Uber Technologies Inc [UBER.UL] could be valued at $120 billion, when it finally goes public next year according to proposals made by U.S. banks bidding to run the offering, the Wall Street Journal reported on Tuesday.

The proposed valuation of the company is about $50 billion more than the company's most recent valuation, setting the stage for what would be one of the biggest listings ever.

https://www.google.com/url?sa=t&source=web&rct=j&url=https://mobile.reuters.com/article/amp/idUSKCN1MQ1N8&ved=2ahUKEwjR8M_75IveAhVrTd8KHRgcCxYQqUMwAnoECAkQDQ&usg=AOvVaw1zn7JE4K0aYUQdGQ2mpXLp&ampcf=1