poniedziałek, 22 września 2014

Alibaba IPO ranks as world's biggest after additional shares sold

Traders work on the floor of the NYSE as they wait for a final price on the Alibaba Group Holding Ltd. IPO, in New York By Elzio Barreto HONG KONG (Reuters) - Alibaba's initial public offering now ranks as the world's biggest at $25 billion, netting underwriters of the sale a more than $300 million windfall after the e-commerce giant and some shareholders parted with additional shares. The fees are equivalent to 1.2 percent of the total deal, with Alibaba paying $121.8 million in commissions. Selling shareholders are set to pay another $178.6 million, according to a filing with the U.S. Securities and Exchange Commission on Monday. Overwhelming demand saw the IPO initially raise $21. ...








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