Mint Lite | Law for bad air, UN Nuclear ban deal, Household wealth & more4 min read 26 Oct 2020, 08:45 PM IST
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Jack Ma’s Ant Group is set to raise almost $35 billion through initial public offerings in Shanghai and Hong Kong, a blockbuster listing that will rank as the world’s biggest share sale ever. Ant will be valued at about $280 billion before the IPO, and will raise about $34.5 billion from Shanghai and Hong Kong before exercising its green shoe option, based on Monday’s filings. The company’s much-anticipated IPO is on track to surpass Saudi Aramco’s $29 billion sale last year. For more updates, here’s Mint Lite.
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