NEW YORK: Google Inc, the company that runs the world's most widely used Internet search engine, has hired Goldman Sachs Group Inc and Morgan Stanley to arrange its initial public offering (IPO), which may raise as much as US$4bil, Bloomberg News reported, quoting an unnamed banker involved in the transaction.
Citigroup Inc, Credit Suisse First Boston, JP Morgan Chase & Co, Thomas Weisel Partners LLC and WR Hambrecht & Co are also helping to arrange the IPO, which could value Google at as much as US$12bil, according to the report.