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General

Snap chooses Morgan Stanley, Goldman Sachs for IPO - report

Thursday 13 October 2016 | 15:25 CET | News
Snap, the company formerly known as Snapchat, has chosen Morgan Stanley and Goldman Sachs as the lead underwriters for an initial public offering that could start in March, Reuters reported, citing a source familiar with the situation. The IPO could value the company at USD 25 billion.

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Categories: General
Companies: Credit Suisse / Morgan Stanley / Snap / Snapchat / Yahoo
Countries: World
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