Alibaba-backed Best raises $450 million after pricing U.S. IPO at bottom: IFR
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BEST Inc. (BSTI) IPO Opens 15% Higher
September 20, 2017 9:48 AM EDTToday's IPO for BEST Inc. (NYSE: BSTI) opened for trading at $11.48 after pricing 45,000,000 American Depositary Shares ("ADSs"), each representing one of its Class A ordinary shares, at US$10.00 per ADS.
Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, Goldman... More
BEST Inc. (BSTI) Prices 45M ADS IPO at $10/Sh
September 20, 2017 5:44 AM EDTBEST Inc. (NYSE: BSTI) announced today that it has priced its initial public offering of 45,000,000 American Depositary Shares ("ADSs"), each representing one of its Class A ordinary shares, at US$10.00 per ADS for a total base offering size of US$450 million. In addition, BEST and... More
