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Home Tag Archives: Alibaba IPO Ranks as World’s Biggest Ever After Additional Shares Sold

Tag Archives: Alibaba IPO Ranks as World’s Biggest Ever After Additional Shares Sold

Alibaba IPO Ranks as World’s Biggest Ever After Additional Shares Sold

By Dona Smith
May 7, 2015
in :  News
Comments Off on Alibaba IPO Ranks as World’s Biggest Ever After Additional Shares Sold

    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 …

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