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		</div><p>Snap, the parent company of Snapchat, is listing its valuation at up to 22 billion US dollars (€20.6bn) as it prepares for the tech industry&#8217;s biggest initial public offering (IPO) in years.</p>
<p>The firm said in a regulatory filing that the IPO is likely to be priced between €13.15 and €15.03 per share.</p>
<p>Had the IPO price matched the €28.87-per-share price obtained in its last round of financing, Snap would have a market value of about €28.19bn, based on the quantity of outstanding stock listed in its IPO documents.</p>
<p>Snap&#8217;s highly anticipated IPO would be the largest since China&#8217;s Alibaba Group went public in 2014.<br />
It is expected to trade on the New York Stock Exchange under the SNAP ticker.</p>
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