Alibaba Group Holdings priced its initial public offering at US$68 per share, the top of its projected range, Dow Jones Newswires reported on Thursday, citing an unnamed source familiar with the situation.
At that price, the deal would be worth about US$21.8 billion, valuing the Chinese ecommerce company at US$168 billion, Dow said. More to come...
Post By http://business.financialpost.com/2014/09/18/alibaba-group-holdings-ltd-ipo-price-68/
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