Twitter has unveiled the price range for its shares when the company lists on the stock exchange.

In a filing on Thursday, Twitter said it planned to sell 70 million shares priced between $17 and $20 (£10 - £12) to raise up to $1.4bn (£865m).

The offering represents 13% of Twitter and values it at as much as $11bn.

Twitter expects to raise up to $1.4 billion in IPO [bbc.co.uk]