1. Alibaba Plans to Close IPO Order Book Early

    Alibaba Plans to Close IPO Order Book Early

    Alibaba Group Holding Ltd plans to close its IPO order book early after it received enough orders to sell all the shares in the record-breaking offering, sources familiar with the matter said on Friday. The company, which launched its IPO on Monday, is expected to price the deal on September 18 and will start trading a day later. U.S.-based bookrunners are expected to stop taking orders from ...

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