2
SoftBank to reduce stake in FirstCry before IPO, values the company at $4B
source link: https://nextbigwhat.com/softbank-to-reduce-stake-in-firstcry-before-ipo-values-the-company-at-4b/
Go to the source link to view the article. You can view the picture content, updated content and better typesetting reading experience. If the link is broken, please click the button below to view the snapshot at that time.
- Japanese fund SoftBank and NewQuest Capital Partners are reportedly looking to sell some shares in FirstCry in the secondary market before the company’s planned IPO in the next few months.
- They are valuing the company at $3.5 to $4 billion from the share sale. SoftBank is planning to reduce its 29 percent stake in FirstCry to under 25 percent with the sale.
I like thisUnlikeUpvoteI dislike thisUndislike
[Via]
Recommend
About Joyk
Aggregate valuable and interesting links.
Joyk means Joy of geeK