Didi flags IPO share price at top of range or above - source

At the top of the range, the IPO would raise $4.03 billion which would value Didi at $67.2 billion.Didi did not immediately respond to a request for comment.

The final price of the shares is due to be set at the U.S market close on Tuesday, according to term sheets seen by Reuters. The IPO was covered early on the first day of the bookbuild last week and the investor books were closed on Monday, one day ahead of schedule.An over-allotment option, or greenshoe, exists where a further 43.2 million shares can be sold to increase the size of the deal.Reporting by Scott Murdoch in Hong Kong and Yilei Sun in Beijing; Editing by Kirsten DonovanSubscribe for our daily curated newsletter to receive the latest exclusive Reuters coverage delivered to your inbox.

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