Deals
Morgan Stanley Leads Cadre of Banks Lining Up on Uber IPO
- Lead left underwriter to net largest share of fees on Listing
- Twenty-nine banks in total named in Uber’s IPO prospectus
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Morgan Stanley and Goldman Sachs Group Inc. lined up lead roles on Uber Technologies Inc.’s initial public offering, joining a roster of 29 banks that will help the ride-hailing giant go public.
Morgan Stanley took the coveted lead left position, the name given to the principal underwriter on the offering, according to Uber’s IPO prospectus, filed with the U.S. Securities and Exchanges Commission Thursday. Banks listed on the filing’s second tier were Bank of America Corp., Barclays Plc, Citigroup Inc. and Allen & Co.