Revolut in talks with Tiger Global for $500 million worth of stock sale
2024-07-17 10:25:37
U.K. digital bank Revolut Ltd. is in talks with Tiger Global Management about a $500 million share sale. It will be a secondary market sale, meaning no new shares will be issued, but instead involves employees selling existing shares. Revolut has hired Morgan Stanley to assist with the sale, which could value Revolut at more than $40 billion.
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