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back to article Biz bazaar Alibaba goes private, watches shares soar

Shares in China's Alibaba.com jumped 43 per cent today when it announced it was going private. Parent company Alibaba Group said it was going to pay shareholders HK$13.50 for their stocks, a premium of around 46 per cent on the last closing price before the announcement of HK$9.25. Shares have since spiked to HK$13.20 as …

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Coat

ala kazoo share price $14.52

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