AIG Wants To Cash $14 Billion 900 Million From IPO In Hongkong Market.

2010/10/5 13:36:00 39

Beijing time October 5th morning news sources revealed that the situation was in deep trouble.

AIG

The group plans to operate from Asia.

Hongkong Market

The IPO raised the most capital of HK $115 billion 300 million (US $14 billion 900 million).

According to the source, according to the plan, the AIG group will sell up to 5 billion 900 million shares of AIA under the price of HK $18.38 to HK $19.68 per share.

Sources also pointed out that the AIG group planned to sell about 49% of the total share capital of AIA.

This also means that if the AIA IPO is carried out according to the AIG group's plan, the total market value of the former will reach $30 billion 600 million.

At the same time, AIA's IPO is expected to become the largest initial public offering in the history of Hongkong stock market.

According to IPO underwriters' estimate, the IPO premium level of AIA will be basically the same as that of European competitors.

Aberdeen Asset Management Plc analyst pointed out: "

Investor

It is likely to accept the valuation of AIA close to US $30 billion.

In the uncertain global business environment, the growth rate of AIA is expected to be relatively high.

Previously, Prudential had planned to invest $35 billion 500 million in AIA, but the deal was eventually stranded for a variety of reasons.