BRIEF-Baidu Prices Final Offer Price For International & HK Public Offering At Hk$252 Per Share

Reuters · 03/17/2021 13:02
BRIEF-Baidu Prices Final Offer Price For International & HK Public Offering At Hk$252 Per Share

- Baidu Inc BIDU.O:

  • FINAL OFFER PRICES FOR BOTH INTERNATIONAL OFFERING & HONG KONG PUBLIC OFFERING SET AT HK$252.00 PER OFFER SHARE

  • GROSS PROCEEDS ARE EXPECTED TO BE APPROXIMATELY HK$23,940.0 MILLION

  • PLAN TO USE NET PROCEEDS FOR INVESTMENT IN TECHNOLOGY AND ENHANCE COMMERCIALIZATION OF OUR INNOVATIONS CENTERED AROUND AI

Source text for Eikon: nPn2HFHPLa

Further company coverage: BIDU.O


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