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Monday, 10/26/2020 9:27:26 AM

Monday, October 26, 2020 9:27:26 AM

Post# of 54371
Ant Group to raise $34.5 billion, valuing it at over $313 billion, in biggest IPO of all time
PUBLISHED MON, OCT 26 20207:42 AM EDTUPDATED AN HOUR AGO
Arjun Kharpal
KEY POINTS
Ant Group will raise $34.5 billion in its dual initial public offering (IPO) after setting the price for its shares on Monday, making it the biggest listing of all time.
Ant’s valuation based on the pricing will be $313.37 billion, larger than some of the biggest banks in the U.S., including Goldman Sachs and Wells Fargo.

https://www.cnbc.com/2020/10/26/ant-group-to-raise-tktk-billion-in-biggest-ipo-of-all-time.html

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