Banks working on Ant Group's Hong Kong IPO could get $396 million windfall


Source: business-standard.com business-standard.com

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Business Standard Banks working on Ant Group's Hong Kong IPO could get $396 million windfall Ant is set to raise as much as $19.8 billion in Hong Kong if it fully exercises an over-allotment option Topics Type address separated by commas Your Email: Enter the characters shown in the image. Send me a copy: https://mybs.in/2YRB1ZV The fintech giant disclosed in a filing that it will pay an underwriting commission of as much as 1 per cent of the total deal size, or $198 million ALSO READ Jack Ma's Ant Group seeks to raise $35 billion in biggest-ever IPO The banks...