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Exclusive: Apollo readies IPO of cloud company Rackspace - sources

Exclusive: Apollo readies IPO of cloud company Rackspace - sources

Postby smix » Fri Apr 17, 2020 11:51 pm

Exclusive: Apollo readies IPO of cloud company Rackspace - sources
Reuters

URL: https://www.reuters.com/article/us-rack ... SKBN21Y39S
Category: technologyNews
Published: Thu, 16 Apr 2020 16:51:45 -0400

Description: Private equity firm Apollo Global Management Inc has registered Rackspace Holding Inc for an initial public offering (IPO) that could value the cloud services firm at more than $10 billion, including debt, people familiar with the matter said.
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