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…
(Reuters) – Chinese e-commerce giant Alibaba Group Holding Ltd is set to sell some $22 billion of shares on Thursday, capping a two-week road show that drew frenzied interest from investors worldwide and may be the world’s largest ever initial public offering. The shares are expected to be priced after the markets close at 4 […]
NEW YORK (Reuters) – The New York Stock Exchange said on Wednesday it will hold an industry conference call to provide operational updates for the Alibaba Group Holding Ltd initial public offering. The call will begin at 8:30 a.m. ET on Friday and is for members of the trading, technology and operations segments of the […]
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