Chinese ecommerce company Alibaba.com is looking to raise HK$10.3 billion ($1.3 billion) from its IPO according to documents released to potential investors today. The IPO will value Alibaba.com at up to $7.8 billion.
Alibaba.com Ltd. and Alibaba.com Corp. will sell a combined 858.9 million shares (17%) in Alibaba.com with Yahoo, currently a 40% share holder in the Alibaba Group buying HK$776 million of the IPO shares, resulting in 8.2% ownership of Alibaba.com Ltd, the newly listed IPO entity.
The IPO will see Alibaba.com break away from the Alibaba Group, the China based holding company that owns Alipay, Taabao.com and Yahoo China.
........................................................................................................................
Комментариев нет:
Отправить комментарий