Lyft reportedly taps Wall Street banks for an IPO

Oct 16 2018 by Business Insider

 

Lyft has selected JPMorgan, Credit Suisse, and Jefferies for an IPO, the Wall Street Journal Reported Tuesday. Both Lyft and its ride-hailing competitor Uber are racing towards stock listings. Uber has netted a $120 billion target, the same paper also reported Tuesday.

Lyft has selected JPMorgan as the lead bookrunner for its imminent initial public offering, the Wall Street Journal reported Tuesday, with Credit Suisse and Jefferies also working on the listing.

The IPO is expected to happen...

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