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Dropbox files confidentially for U.S. IPO - source

Reuters 

(Reuters) - Data-sharing business Dropbox Inc has filed confidentially for a U.S. initial public offering, a source close to the matter said on Thursday.The IPO will be led by Goldman Sachs Group Inc and JPMorgan Chase & Co , Bloomberg reported earlier, citing people familiar with the matter.(https://bloom.bg/2DmuDcl)Reuters reported in June that the company, valued at almost $10 billion in a private fundraising round in 2014, was seeking to hire underwriters for an IPO.Dropbox is in talks with other banks to fill additional roles on the IPO and is aiming to be listed in the first half of ...

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First Published: Thu, January 11 2018. 23:53 IST
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