Snap Lines Up Bankers for Spring IPO

Snap this week hired Morgan Stanley and Goldman Sachs Group to manage its IPO, according to multiple reports. JPMorgan Chase, Deutsche Bank, Allen & Co., Barclays and Credit Suisse Group reportedly also will play a role. The IPO, expected as early as this spring, could result in a valuation of $25 billion or more. That would make Snap one of the highest-profile IPOs in years.



Snap this week hired Morgan Stanley and Goldman Sachs Group to manage its IPO, according to multiple reports citing people familiar with the matter. JPMorgan Chase, Deutsche Bank, Allen & Co., Barclays and Credit Suisse Group reportedly also will play a role. The IPO, expected as early as this spring, could result in a valuation of $25 billion or more. That would make Snap one of the highest-profile IPOs in years. It also would make it the biggest company to go public on an exchange in the U.S. since Alibaba’s 2014 debut.

Snap Lines Up Bankers for Spring IPO

Snap this week hired Morgan Stanley and Goldman Sachs Group to manage its IPO, according to multiple reports. JPMorgan Chase, Deutsche Bank, Allen & Co., Barclays and Credit Suisse Group reportedly also will play a role. The IPO, expected as early as this spring, could result in a valuation of $25 billion or more. That would make Snap one of the highest-profile IPOs in years.



Snap this week hired Morgan Stanley and Goldman Sachs Group to manage its IPO, according to multiple reports citing people familiar with the matter. JPMorgan Chase, Deutsche Bank, Allen & Co., Barclays and Credit Suisse Group reportedly also will play a role. The IPO, expected as early as this spring, could result in a valuation of $25 billion or more. That would make Snap one of the highest-profile IPOs in years. It also would make it the biggest company to go public on an exchange in the U.S. since Alibaba’s 2014 debut.

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Richard Adhikari

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