|
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 7,648 JPY | -2.89% |
|
-9.86% | +21.53% |
| Apr. 19 | India's Ola Cabs plans $500 mln IPO, to appoint banks soon, sources say | RE |
| Apr. 18 | SoftBank Group to Pay Final Dividend for Fiscal 2024 | MT |
BENGALURU (Reuters) - SoftBank Group Corp is looking to trim IPO-bound Indian hotelier Oyo's valuation by about 20% to $2.7 billion, according to Bloomberg News.
SoftBank declined to comment, while Oyo said the news on the valuation cut was speculative and incorrect.
"We are confident that the above speculations about valuation markdown is patently incorrect ... we have not decided the exact timing for the IPO and the IPO valuation is also highly speculative," an OYO spokesperson said in a statement.
(Reporting by Rama Venkat in Bengaluru; Editing by Vinay Dwivedi)
| 1st Jan change | Capi. | |
|---|---|---|
| +21.53% | 74.68B | |
| +1.25% | 191B | |
| -1.61% | 117B | |
| -5.22% | 57.06B | |
| +22.45% | 23.25B | |
| -2.28% | 22.41B | |
| -9.91% | 15.92B | |
| +6.43% | 15.29B | |
| +3.45% | 9.64B | |
| -16.87% | 8.94B |
SOFTBANK GROUP CORP. 
