The Chinese e-commerce giant Alibaba wants to eventually collect 25.03 billion (19.34 billion euros) in the IPO this week. It would thus be the largest IPO in history. Reported that the company Monday in a trade document. With that sum Alibaba would do better than AgBank, another Chinese group, which in 2010 established a record by taking on the stock exchanges of Hong Kong and Shanghai.
22.1 billion in shares of the e-commerce giant will are offered at a price between 66 and 68 dollars on the New York Stock Exchange (NYSE) stated Monday. Previously, there was still 60 to 66 dollars per share. The increase was driven by the high demand and the enthusiasm of investors, who by the IPO of Alibaba a piece hoping to profit by Chinese growth. In total, the company wants to offer 368.12 million shares initially involves 320.1 million shares and a big question adds another 48 million additional shares in
source:. Belga
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