30.06.2010 - China's Agricultural Bank IPO may net $23 bln
From AP: Agricultural Bank of China capped the price range for its upcoming public offering at a level much lower than expected in response to investors, an executive said Tuesday, but the world's largest share listing is still projected to raise up to $23.2 billion. The bank said in its Hong Kong prospectus that major foreign investors in the Hong Kong offering are Qatar Investment Authority ($2.8 billion), Kuwait Investment Authority ($800 million), Britain's Standard Chartered Bank ($500 million), Dutch bank Radobank Nederland ($250 million), Australia's Seven Group Holdings Ltd. ($250 million) and Singapore's Temasek Holdings ($200 million)..............................................Full Article: Source
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