February 22 - 09:02
Toast lining up $20bn IPO - reports
Toast, the company which provides hardware and software tools to restaurants, is reportedly lining up an IPO. The Wall Street Journal says the public offering could value Toast at $20bn, and that JP Morgan and Goldman Sachs have been asked to underwrite a possible listing. Toast raised $400m in funding a year ago and has seen its valuation soar over the past 12 months.
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