China’s Tencent Music raises nearly $1.1 billion in U.S. IPO

December 12, 2018 admin Business News Comments Off on China’s Tencent Music raises nearly $1.1 billion in U.S. IPO

China-based music streaming company Tencent Music Entertainment Group has raised close to $1.1 billion in its U.S. initial public offering (IPO) after pricing its shares at the bottom of its targeted range, two sources said on Tuesday.

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Source:: Reuters – Business News