Baidu plugs in for $1.25bn dual trancher
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Baidu plugs in for $1.25bn dual trancher


Chinese search engine Baidu raised a jumbo $1.25bn as it jumped into the short window between positive news of Greek debt negotiations and the launch of Bank of China’s mega deal this week. Baidu’s dual tranche offering crossed time zones to draw in investors from Asia, Europe and the US.

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