Trainline expects to price IPO at top of range - bookrunner
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LONDON (Reuters) - Trainline's planned share listing on the London Stock Exchange is expected to price at 350 pence per share, the top end of its targeted range, implying a total valuation for the company of up to £1.7 billion, a bookrunner said.Bookrunners had initially estimated a price range of 318 pence to 360 pence, before tightening it to between 340 pence and 355 pence. Pricing is expected on Friday and books, which were covered throughout the price range on the full deal size by June..