Internet search engine Google said last night that its highly anticipated flotation could value the company at more than $36 billion.
In a filing with the Securities and Exchange Commission, Google estimated it would sell its shares for between $108 and $135 through an online auction expected next month.
That price range would mean that the IPO could raise as much as $3.3 billion.
At the projected pricing, Google would rank as the eighth largest IPO by a US company, according to Thomson Financial.