Get our introductory offer at only
$0
.99*/month
Cancel anytime
*$0.99/month for first 3 months
$29.90/month for the next 9 months
You are here
SUBSCRIBERS
At US$25b, Alibaba IPO becomes the world's largest
Its banks boost deal size by selling American depositary shares
[NEW YORK] Alibaba Group Holding's initial public offering became the biggest ever at US$25 billion, after bankers exercised an option to boost the deal size by 15 per cent on strong demand, a person familiar with the matter said.
The underwriters exercised a so-called greenshoe option to...
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
