Rabu, 01 Februari 2012

Facebook to launch IPO of U.S. $ 5 billion

Diposting oleh admin di 22.56

The Facebook should present this Wednesday (1) your documents with the Securities and Exchange Commission, the U.S. regulatory body, in order to start its IPO (Initial Public Offering or, its acronym in English). According to Thomson Reuters, the IPO is valued at about $ 5 billion. The figure seems high, but is modest considering the potential for analysts speculated in recent months.  The Facebook IPO is expected as the largest in the history of Silicon Valley and will be led by Morgan Stanley. The bank has already dealt with the IPO of other Internet companies like Zynga and Groupon. In addition to Morgan Stanley, four banks were chosen to handle the IPO - Goldman Sachs, Bank of America Merrill Lynch, Barclays Capital and JP Morgan.



Also according to Thomson Reuters, the amount of U.S. $ 5 billion is only preliminary and may be elevated in the coming months according to investor demand. Analysts speculate that the network created by Mark Zuckerberg can raise up to $ 10 billion.

The documents to be delivered today define the month of May for the premiere of the social network in the stock market. To get an idea, the debut of Google rose $ 2 billion in its IPO.

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