When Is Visa IPO Seeking $18.8 Billion?
Posted on February 25, 2008
Filed Under Investment News |
When is Visa IPO seeking $18.8 billion? Visa Inc. is the world’s largest company that processes electronic payments. They have hopes of setting a record for an IPO. The $18.8 billion is what they plan to raise from the offering in a time when companies going public has slowed to a halt due to the sluggish economy.
If you are wondering when is the Visa IPO planned, you shouldn’t have to wait long. The private company has said they plan to issue their IPO as soon as possible. The closest IPO to the $18.8 billion Visa Inc. is seeking was the $10 billion AT&T wireless received back in the year 2000.
The company plans to issue 406 million shares of stock at an estimated price of 37 to 42 dollars per share. We will continue watch the when is Visa IPO story and will provide any breaking news we hear about the story.
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