Friday, August 13, 2010

30.Connect the following to a term related to the world of Finance





The right answer is 'Green Shoe'
The 1st logo is that of the Agricultural Bank of China which recorded the biggest ever IPO (close to $22 Billion) after exercising its 'over-allotment of shares' i.e. the green shoe option.
The 2nd logo is that of Stride Rite which was originally formed as Green shoe Mfg. Company in US, the first ever company to permit the underwriters to go for a Green Shoe option.

Know more about Green Shoe, refer:
http://www.livemint.com/2009/07/19211957/Ask-Mint--The-greenshoe-optio.html

Congratulations to both Sarath & Suyog for the right answer.

3 comments:

Sarath C K said...

Green shoe

Suyog Kosarabe said...

Pic 1 - Agricultural Bank of China
Pic 2 - Stride rite

Agbank will be closer to world's largest IPO if it exercises GREEN SHOE option, the one which was first ever exercised by Stride Rite.

Connection : Green Shoe

Blue Sky said...

Green Shoe.