The long and desperately awaited Facebook IPO (Initial Public Offer) is all set to roll this February 2012.Facebook Inc will be filing papers for it first IPO in the coming month. The Facebook IPO could be the biggest ever i.e $10 billion. Financial sector giant Morgan Stanley will be looking after the Facebook offerings, and even Goldman Sach will be part of the deal. Both Facebook and Morgan Stanley official are however tight lipped over the IPO issue. Facebook is currently looking at a valuation of $75 billion to $100 billion.
The Wall Street was under pressure situation when it came to “who will manage the Facebook IPO ?” In the end it was decided to have two managers Morgan Stanley and Goldman Sach. Morgan Stanley led more U.S. and world-wide Internet IPOs than any other Wall Street firm in 2011. Goldman Sachs led the league for global IPOs of all kinds last year, according to Dealogic, which tracks securities sales.
The largest global technology IPO on record was a $5.9 billion offer in 2000 by Infineon Technologies AG, the former semiconductor unit of Siemens AG, Dealogic said.The largest global Internet IPO was a $2.8 billion sale by World Online International NV, a European ISP, also in 2000. The largest U.S. Internet IPO, the $1.9 billion sale in 2004 by Google Inc. which valued Google at $23 billion, ranks No. 3 among global Internet IPOs– The Wall Street Journal
We shall keep an eye on the Facebook IPO, stay tuned with us for more on the biggest IPO ever.
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