Home > > Sabre going after $895m in imminent IPO

Sabre going after $895m in imminent IPO

04/08/2014| 5:46:40 PM| 中文

Sabre has confirmed the price range for its initial public offering on the Nasdaq with the company seeking up to $895 million.

According to a filing with the Securities and Exchange Commission in the US, the global distribution giant expects the stock price range to be between $18 and $20 and it is offering 44.7 million shares.

This values the company at just under $5 billion.

The filing puts the date of commencement of public offering at ‘as soon as practicable’ after 4 April and Sabre will list as SABR. 

Read full story at:http://www.tnooz.com/article/sabre-share-price-ipo/

TAGS: Sabre | GDS | IPO
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