Comments on: Visa IPO, biggest in US history http://wastedmonkeys.com/visa-ipo-biggest-in-us-history/ Sat, 22 Mar 2008 08:21:13 +0000 hourly 1 https://wordpress.org/?v=5.3.2 By: Piyush Goel http://wastedmonkeys.com/visa-ipo-biggest-in-us-history/#comment-161 Sat, 22 Mar 2008 08:21:13 +0000 http://wastedmonkeys.wordpress.com/?p=340#comment-161 @Saket

PetroChina, at its IPO, raised 66.8 billion yuan (approx $9.5 billion) selling 4 billion shares at the offer price of 16.7 yuan ($2.35) each. That was almost half the amount of funds generated by Visa’s share sale of $17.9 billion from 406 million shares @ $44 each.

However, the eventual market capitalization of PetroChina’s entire shareholding, after the market opened and trading began, was $1.1 trillion, whereas, the figures mentioned in the article here were published before trading began for Visa.

]]> By: Saket Rungta http://wastedmonkeys.com/visa-ipo-biggest-in-us-history/#comment-162 Fri, 21 Mar 2008 15:38:51 +0000 http://wastedmonkeys.wordpress.com/?p=340#comment-162 Surprising, much smaller than PetroChina!

http://wastedmonkeys.com/2007/11/05/petrochina-opens-at-1-on-market-cap-charts/

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