Deals
Here's What Morgan Stanley Is Telling Its Wealthiest Clients About Uber
No financials, but a number of risk factors.
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Wealthy clients of Morgan Stanley and Bank of America just got dibs on shares of the unlisted Uber Technologies, but that doesn't mean they're getting a chance to see the ride-sharing company's financials, according to an offering document seen by Bloomberg News.
The 290-page offering sent by Morgan Stanley has shares priced at $48.77 apiece, based on a valuation of $62.5 billion, similar to previous estimates.