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10 Insane Things Alibaba Could Buy With its $20 Billion IPO

2014-09-19 18:37:16| PC Magazine Software Product Guide

The Chinese e-commerce firm stands to have the biggest IPO in history. Will it go completely insane with its windfall?

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Alibaba IPO priced at top of range, raises over USD 21 bln

2014-09-19 09:28:00| Telecompaper Headlines

(Telecompaper) Alibaba Group has priced its initial public offering at USD 68 per share, at the top end of the USD 66-68 range it gave, the Financial Times reported. The pricing translates to proceeds of USD 21.8 billion, making its New York Stock Exchange listing one of the world's largest and breaking the record for a technology IPO. With the over-allotment option, the group could raise up to USD 25 billion, and pass the largest listing ever, currently held by the Agricultural Bank of China which raised USD 22 billion in 2010. Alibaba's two-week roadshow went from Hong Kong and Singapore to London, New York, San Francisco and Boston. People familiar with the discussions said the company had been keenly focused on how the stock would trade, even if it meant leaving some money on the table. The price gives Alibaba a market capitalisation of USD 168 billion. 

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Alibaba IPO: What to expect as Chinese giant goes public in New York

2014-09-19 04:41:32| Automakers - Topix.net

The final price will be set tonight, but if the top of the $66-to-$68-a-share range is reached, the float of the e-commerce giant headed by Jack Ma will raise more than $25 billion , putting it ahead of the $22.1 billion record currently held by the Agricultural Bank of China. There's no doubt Wall Street is excited.

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Bayer to split off polymer division with IPO

2014-09-18 14:32:29| Biotech - Topix.net

German pharmaceuticals and chemicals company Bayer AG says it plans a separate stock listing for its polymer division. The Leverkusen-based company that invented aspirin said Thursday the move would be part of an effort to focus the group on its health care and crop science businesses.

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Bayer to split off polymer division with IPO

2014-09-18 13:28:57| Chemicals - Topix.net

The Leverkusen-based company that invented aspirin said Thursday the move would be part of an effort to focus the group on its health care and crop science businesses.

Tags: with division split ipo

 

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