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IPO eye on FacebookJan 29, 2012 (The Australian Financial Review - ABIX via COMTEX) -- Sources claim that a US initial public offering by online social networking media group Facebook is imminent. A major factor is that under US regulations, the group must publicly declare its results before 1 April 2012, as it has more than 500 stakeholders. The float would be worth $US10bn ($A9.4bn) and value the company at between $US75bn and US100bn. It would be by far the biggest listing staged by any internet-based business so far. Publication Date: 30 January 2012 FACEBOOK INCORPORATED GOOGLE INCORPORATED APPLE INCORPORATED HEWLETT-PACKARD COMPANY MICROSOFT CORPORATION IBM CORPORATION UNITED STATES. SECURITIES AND EXCHANGE COMMISSION AZURE CAPITAL PARTNERS LP ZYNGA INCORPORATED LINKEDIN LIMITED |
