herald

Tuesday 18 September 2018

Twitter ups price

TWITTER has boosted the price range for its initial public offering to $23 (€17) to $25 (€18.25) per share, as the network now seeks to raise up to $1.75bn.

With Twitter selling 70m shares in the offering, the company would be valued at more than $13bn (€9.62bn) under the new price range.

The previous range was $17 to $20 per share.

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