Ateev Bhandari

1 week ago | gurutrade.com | Arasu Kannagi Basil |Ateev Bhandari |Krishna Eluri

May 5 (Reuters) - Israel's eToro Group said on Monday it was targeting a valuation of up to $4 billion in its initial public offering in the United States, as the retail trading platform finally moves ahead with its long-awaited New York flotation plans. Bnei Brak-based eToro and some existing stockholders are aiming to raise as much as $500 million by offering 10 million shares priced between $46 and $50 each.