China's AgBank sets record as world's largest IPO
Agricultural Bank of China has claimed the title of the world's largest initial public offering after fully exercising the over-allotment option of its Shanghai share offering, Dow Jones Newswires said.
The lender raised an additional 9.11 billion yuan (1.34 billion dollars) from the Shanghai portion of the IPO by selling an extra 3.4 billion shares at 2.68 yuan each, the report said, citing a person familiar with the deal late Friday.
Source:http://www.france24.com/en/20100814-chinas-agbank-sets-record-worlds-largest-ipo-report
