Morgan Stanley was the lead underwriter in Uber's $8.1 billion public offering in May, the largest IPO so far in 2019.
Morgan Stanley will take no part in WeWork's upcoming initial public offering, which is expected to raise around $3.5 billion for the money-losing company. The bank reportedly pulled out of the IPO after WeWork rejected its bid to be the top underwriter, according to a new report from Bloomberg. Morgan Stanley secured the top spot in Uber's massive public offering earlier this year. Visit the Markets Insider homepage for more storie.
Morgan Stanley will take no part in WeWork's upcoming initial public offering, which is expected to raise around $3.5 billion for the money-losing company. The bank reportedly pulled out of the IPO after WeWork rejected its bid to be the top underwriter, according to a new report from Bloomberg. Morgan Stanley secured the top spot in Uber's massive public offering earlier this year. Visit the Markets Insider homepage for more storie.
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