Groupon set to launch a roadshow to attract investors
The US discount sales website, Groupon, launches a roadshow this week to persuade investors to buy into its stock market debut.
It says it plans to raise more than $620m from investors, paying between $16-18 per share.
That values the company at $11.4bn, a far cry from the $30bn valuation that was being talked about before the stock market turmoil this summer.
Caroline Hepker reports from New York.
24 Oct 2011
- From the section US & Canada