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19 Sep, 2014

‘Highly concentrated IPO’

Alibaba0 Comments

Sources tell Bloomberg News that half of the IPO allocation went to the top 25 accounts, making it a highly concentrated deal focusing on long-only investors:

Half of Alibaba's shares went to just 25 accounts, a highly concentrated IPO, sources say. So if you didn't get allocation, you're not alone

— Leslie Picker (@LesliePicker) September 19, 2014

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