Pricing indicates AgBank IPO will raise $20.1B maximum, sources say

06/28/2010 | Bloomberg

Agricultural Bank of China's initial public offering might come in slightly less than the $21.9 billion record set by Industrial & Commercial Bank of China in 2006. The Shanghai portion of AgBank's IPO is expected to price at 2.52 yuan to 2.68 yuan per share, sources said, putting the maximum, including a part in Hong Kong, at $20.1 billion.

View Full Article in:


Published in Brief: