JPMorgan, Goldman to lead Dropbox in U.S. IPO - Bloomberg

By Kitco News / January 11, 2018 / www.kitco.com / Article Link

Jan 11 (Reuters) - Data-sharing business Dropbox Inc has filed confidentially for a U.S. initial public offering led by Goldman Sachs Group Inc and JPMorgan Chase & Co , Bloomberg reported, citing people familiar with the matter.

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 2018, the report said.

The company, valued at almost $10 billion in a private fundraising round in 2014, was seeking to hire underwriters for an IPO, Reuters had reported in June. Dropbox could not be immediately reached for comment.


(Reporting by Shariq Khan in Bengaluru; Editing by Maju Samuel)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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