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Goldman Sachs Joins Ant Group's Up To $30 Bn Ipo Banking Syndicate: Report | Business Standard News

by business-standard.com posted 3weeks ago 36 views
Ant, backed by Chinese e-commerce giant Alibaba Group, plans to list simultaneously in Hong Kong and Shanghai. : HONG KONG (Reuters) - Goldman Sachs has joined the growing list of investment banks working on Chinese financial technology firm Ant Group's mammoth initial public offering of up to $30 billion, two people with direct knowledge of the matter said. Ant, backed by Chinese e-commerce giant Alibaba Group <9988.HK>, plans to list simultaneously in Hong Kong and Shanghai, in what sources have said could be the world's largest IPO and come as soon as October.

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