Alibaba IPO slated for next week, as others wait and watch

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Alibaba IPO slated for next week, as others wait and watch

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E-commerce firm Alibaba Group, which was expected to open books for a jumbo IPO on September 2, has decided to push back bookbuilding by a week. This is bad news for other issuers sitting on the sidelines as they will have to wait slightly longer before they go ahead with their own listings.

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