Sources: SoftBank's SB Energy has delayed its IPO, originally planned for this month, as investors question the company's sought-after valuation of $50B+ (Maureen Farrell/New York Times)
The offering is on hold because the price SoftBank wants is not clearing investor scrutiny.
SoftBank’s SB Energy had been expected to pursue an IPO this month. The company is seeking a valuation above $50 billion, according to the note. Investors have questioned that target, and the listing has been delayed. Techmeme's note
SoftBank’s SB Energy had been expected to pursue an IPO this month. The company is seeking a valuation above $50 billion, according to the note. Investors have questioned that target, and the listing has been delayed. Techmeme's note
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