Seeking Alpha

Hilton Worldwide preps for public debut

  • Hilton Worldwide (HLT) says it plans to sell 112.82M shares of common stock in an offering range of $18 to $21 for its IPO.
  • The rich $2.4B valuation is tied to the hotel operator's growth potential in Asia and South America, note analysts.
  • The Blackstone (BX)-led IPO is the largest in the history of the hotel industry.
  • Amended S-1
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