BEST Inc. (BSTI) IPO Opens 15% Higher
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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
Alibaba-backed Best raises $450 million after pricing U.S. IPO at bottom: IFR
September 19, 2017 10:09 PM EDTHONG KONG (Reuters) - Chinese logistics firm Best Inc priced its U.S. initial public offering (IPO) at $10 per share, raising $450 million, IFR reported on Wednesday, citing people familiar with the deal.
The company, backed by Alibaba Group (NYSE: BABA), priced the... More
