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Sands China raises $2.5b after pricing IPO at bottom

China Daily | Updated: 2009-11-24 08:11

Sands China raises $2.5b after pricing IPO at bottom

The company plans to use the IPO funds to restart a casino resort in Macao. Bloomberg News

HONG KONG: Sands China Ltd and its parent, the casino company controlled by billionaire Sheldon Adelson, raised HK$19.4 billion ($2.5 billion) in a Hong Kong initial public offering conducted at the bottom of the marketed range.

Sands China raises $2.5b after pricing IPO at bottom

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