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Posts Tagged ‘Alibaba Group Holding Inc’

Chinese online retail giant Alibaba is poised for a record-braking stock market debut on Friday, with shares priced at $68 in a public offering that could be valued at $25 billion.

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Alibaba, the Chinese e-commerce powerhouse , is ready to strike it rich on the New York Stock Exchange. The company priced its initial public offering of stock at $68 per share today, the top end of the expected range, setting the stage for what is expected to be the biggest ever…

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(Reuters) – Thirty-five underwriters are working to ensure that Alibaba Group Holding Ltd’s initial public offering lives up to its blockbuster expectations when the stock starts trading on Friday. The entire syndicate is divided into three tiers, with the six joint bookrunners on top, followed by eight banks who had been invited to analyst meetings […]

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