javascript:void(0)

Friday, 3 October 2014

Alibaba files with SEC to offer 65.9 million shares

Specialist Trader Neil Gallagher points to the ticker symbol "BABA" for Alibaba during its IPO at the NYSE in New York (Reuters) - Chinese e-commerce giant Alibaba Group Holding Limited will offer up to about 65.9 million shares worth about $5.06 billion under stock-based compensation plans, the company said in a regulatory filing on Friday. Alibaba went public on Sept. 19 in an initial public offering that raised about $25 billion, making it the largest IPO in history. (Reporting by Soham Chatterjee in Bangalore; Editing by Simon Jennings)








from Business News Headlines - Yahoo! News http://ift.tt/1vjPJwf

via IFTTT

No comments:

Post a Comment