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Reuters, IFR win Ag Bank’s $20 billion IPO04.14.2010
Reuters scooped rivals with the news of final mandates of Agricultural Bank of China’s $20 billion-plus Hong Kong and Shanghai IPO, which may surpass ICBC to become the largest ever IPO in the world. Reporters from Reuters investment desk in Hong Kong, IFR and Reuters Breakingviews reached more than 10 sources to confirm on April 14 the complete mandate list. Ag Bank announced the list the following morning, with the exact same names and roles. Reuters story won media play including Hong Kong Economic Journal, and the New York Times’ Dealbook. |
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