Encyclopaedia Britannica seeking $1.34 billion valuation in IPO: Sources

Encyclopaedia Britannica seeking $1.34 billion valuation in IPO: Sources

The Straits Times - Business·2024-03-19 06:00

NEW YORK – Encyclopaedia Britannica, the education technology company and publisher of books that include the Merriam-Webster dictionary, is seeking a valuation of about US$1 billion (S$1.34 billion) in its initial public offering (IPO), according to people with knowledge of the matter.

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