AgBank confirms underwriters for A-shr, H-shr IPOs

SHANGHAI, April 15 (BestGrowthStock) – Agricultural Bank of China
(AgBank) [ABC.UL] said it has chosen Goldman Sachs (GS.N: ), Morgan
Stanley (MS.N: ), JPMorgan (JPM.N: ), China International Capital
Corp (CICC), Deutsche Bank (DBKGn.DE: ) and Macquarie (MQG.N: ) to
handle the Hong Kong portion of its planned initial public
offering.

AgBank, confirming what sources familiar with the situation
told Reuters on Wednesday, also said CICC, Citic Securities
(600030.SS: ), Galaxy Securities and Guotai Junan Securities will
handle the Shanghai A-share portion of the offering.
[ID:nTOE63D08G]

AgBank’s planned offering is expected to raise more than $20
billion and could become the world’s biggest IPO ever.

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($1=6.83 Yuan)
(Reporting by Samuel Shen and Edmund Klamann)

AgBank confirms underwriters for A-shr, H-shr IPOs