Intel unit Mobileye prices IPO above range to raise $861 mln -source

Channel News Asia

Center

High Factuality

Government: Government of Singapore

Intel unit Mobileye prices IPO above range to raise $861 million -source

NEW YORK -Mobileye Global Inc, the self-driving unit of chip maker Intel Corp, raised $861 million in an initial public offering (IPO) on Tuesday, braving the trading volatility that has thwarted many stock market hopefuls, according to a person familiar with the matter. Mobileye priced 41 million shares at

c|net

Center

Mixed Factuality

Independent: Red Ventures

Intel's Mobileye Unit Reportedly Prices IPO Above Range

Intel's self-driving unit prices at $21 a share, a dollar above the $18 to $20 range previously expected, The Wall Street Journal reports.

Bloomberg

Lean Left

Mixed Factuality

Individual: Michael Bloomberg

Private Equity: The Vanguard Group

Mobileye Global Prices IPO Above Range to Raise $861 Million

OAN

Right

Low Factuality

Independent: Herring Networks

Intel unit Mobileye prices IPO above range to raise $861 million -source

By Echo WangNEW YORK (Reuters) – Mobileye Global Inc, the self-driving unit of chip maker Intel Corp, raised $861 million in an initial public offering (IPO) on Tuesday, braving the trading volatility that has thwarted many stock market hopefuls. Mobileye priced 41 million shares at $21 per share, the source said, requesting anonymity ahead of an official announcement. The company had previously guided the IPO could be priced at between $18 …

MarketWatch

Center

High Factuality

Media Conglomerate: Murdoch Family

Mobileye prices IPO above targeted range to raise nearly $1 billion, and most of it will go to Intel

Mobileye Global Inc. priced its initial public offering higher than its targeted range late Tuesday to raise nearly $1 billion, most of which will go to...