Sep
12
Meituan Raises $4.2 Billion in IPO Priced Toward Top
ByMeituan Dianping, the Chinese food review and delivery giant, has raised about $4.2 billion after pricing its Hong Kong initial public offering toward the top end of a marketed range, according to people with knowledge of the matter.
The company priced its sale of 480.27 million new Class B shares at HK$69 apiece, the people said, asking not to be identified because the information is private. The shares were offered at HK$60 to HK$72 each…