GoDaddy IPO values company at nearly $3 bn

Report said that GoDaddy's offering of 22 million class A shares is expected to be priced between $17 and $19 per share, and raise up to $418 million, the company said.

Mar 20, 2015 04:03 IST India Infoline News Service

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GoDaddy Inc's initial public offering is expected to value the company at up to $2.87 bn, according to reports.
Report said that GoDaddy's offering of 22 million class A shares is expected to be priced between $17 and $19 per share, and raise up to $418 million, the company said.
GoDaddy's revenue rose 22.7 percent to $1.4 bn in the year ended Dec. 31.
Morgan Stanley, JPMorgan, Citigroup are the lead underwriters of the offering.

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