Tags: Alibaba | IPO | Priced | 68

Alibaba IPO Reportedly Priced at $68 per Share, Top of Range

Thursday, 18 Sep 2014 05:38 PM

Alibaba Group Holdings priced its initial public offering at $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 $21.8 billion, valuing the Chinese ecommerce company at $168 billion, Dow said.

Further details will be available shortly.
 

© 2017 Thomson/Reuters. All rights reserved.

 
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Alibaba Group Holdings priced its initial public offering at $68 per share, the top of its projected range, Dow Jones Newswires reported on Thursday, citing an unnamed source familiar with the situation.
Alibaba, IPO, Priced, 68
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2014-38-18
Thursday, 18 Sep 2014 05:38 PM
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