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The company is offering shares at Rs 350 per piece and at a valuation of Rs 80,000 crore ($9.6 billion), a concession of 20 percent, the report said
Economy. >> that could happen. we worry about things like corporate debt and low interest rates, if you've an ipo value of 47 billion, let's assume this goes through and they find out it's a fraud to. then what happens if the stock market finds out and everybody starts to dump it? the reverberations could be quite consequential. wells fargo, little while ago, let's remember all the other things that have been going on. this stuff gets normalized and that's really dangerous because that's why people lose faith. >> tucker: it's true and they also get radical. we will get a radical system unless ...
Problem, what are the chances we have another failure like wework tanks the broader economy? >> that could happen. we worry about things like corporate debt and low interest rates, if you've an ipo value of 47 billion, let's assume this goes through and they find out it's a fraud too. then what happens if the stock market finds out and everybody starts to dump it? the reverberations could be quite consequential. as you also note, there is a lot of this stuff around. wells fargo come all the other things that have been going on. this stuff gets normalized and that's really dangerous because tha...
The stock stonew york stock exc closed its doors. this is the scene on monday. the usually loud, packed floors falling silent. yesterday though, michael bloomberg rang the opening bell to the relief of financial markets everywhere. let's get an early look at the markets now. for that, we go to julia chatterly live in london. good morning. >> reporter: thanks very much. good morning. cautious trading here in europe likely to feed into the u.s. session today. the u.s. session ended virtually unchanged yesterday. it was functioning smoothly. among the biggest movers yesterday, facebook shares los...