Agricultural Bank May Raise Less Than Expected in IPO

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June 9 (Bloomberg) -- Bloomberg's Stephen Engle reports on Agricultural Bank of China Ltd. and its planned initial public offering. Agricultural Bank, the nation’s biggest lender by customers, will sell a 15 percent stake in what may be the world’s largest IPO on record. China’s Ministry of Finance and Central Huijin Investment Co., the two main shareholders of Agricultural Bank of China, want the lender to delay the planned share sale on concern there isn’t enough interest, the South China Morning Post reported, citing two unidentified people involved in the offering. (Source: Bloomberg)


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