The Relx-backed data miner could double its valuation to $41bn in the proposed offering, according to prospective underwriters.
Palantir, the US-based big data processor backed by data analytics provider Relx, is considering an initial public offering that banks have told it could value it at $41bn, the Wall Street Journal reported yesterday.
Credit Suisse and Morgan Stanley have been in discussions with the company over an offering in the second half of 2019, people familiar with the matter told WSJ.
Founded in 2003, Palantir produces software that analyses a vast range of personal and official data from disparate…