Monday, September 22, 2014

Alibaba Is Largest IPO in History - $25 Billion

Alibaba issues additional shares to raise IPO total to $25 billion - report | Reuters

The underwriters of Alibaba Group Holding Ltd's IPO have issued additional shares, according to the Wall Street Journal, bringing the IPO's size to about $25 billion (15.3 billion pounds) and making it the largest initial public offering in history.

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