Ticket platform StubHub seeks US$851mil in IPO

At the top of the range IPO price, StubHub would have a market value of about US$9.2bil based on the outstanding shares listed in its filing. — Bloomberg

NEW YORK: Ticket selling platform StubHub Holdings Inc is seeking to raise as much as US$851mil in an initial public offering (IPO).

The New York-based company plans to offer about 34 million shares for US$22 to US$25 each, according to its filing on Monday with the US Securities and Exchange Commission.