By Scott Murdoch
(Reuters) - Alibaba
The Chinese commerce e-commerce giant employed two co-sponsors, China International Capital Corporation (CICC) and Credit Suisse
The two lead banks were joined by Citigroup Inc
An additional supplementary prospectus lodged with the Securities and Exchange Commission (SEC) showed Alibaba would pay the banks up to $32.3 million, if a so-called overallotment of a further 75 million shares is issued which bankers think will occur.
If the over-allotment does not occur, then the investment banking fees paid will be $28.1 million.
(Reporting by Scott Murdoch; Editing by Lisa Shumaker)
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Updated Date: Nov 21, 2019 06:06:34 IST