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BRIEF-Baidu Announces Pricing Of Global Offering

· 03/17/2021 09:02
BRIEF-Baidu Announces Pricing Of Global Offering

- Baidu Inc BIDU.O:

  • BAIDU ANNOUNCES PRICING OF GLOBAL OFFERING

  • BAIDU INC - FINAL OFFER PRICE FOR BOTH INTERNATIONAL OFFERING AND HONG KONG PUBLIC OFFERING HAS BEEN SET AT HK$252.00 PER OFFER SHARE

  • BAIDU INC - OFFER PRICE TRANSLATES TO APPROXIMATELY US$260.01 PER ADS BASED ON AN EXCHANGE RATE OF HK$7.7534 TO US$1.00

  • BAIDU INC - PRICING OF GLOBAL OFFERING OF 95 MILLION NEW CLASS A ORDINARY SHARES

  • BAIDU INC - OFFER SHARES ARE EXPECTED TO BEGIN TRADING ON MAIN BOARD OF SEHK ON MARCH 23, 2021 UNDER STOCK CODE "9888."

Source text for Eikon: ID:nPn2HFHPLa

Further company coverage: BIDU.O


((Reuters.Briefs@thomsonreuters.com;))