Alibaba IPO officially the world’s largest market debut

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Related media Travel deals Alibaba’s initial public offering now ranks as the world’s biggest at $25 billion, netting underwriters of the sale a more than $300 million windfall after the e-commerce giant and some shareholders parted with additional shares. The fees are equivalent to 1.2 percent of the total deal, with Alibaba paying $121.8 million in commissions. Selling shareholders are set to pay another $178.6 million, according to a filing with the U.S. Securities and…

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