Business
Giant Ant: Investors line up for the world’s biggest-ever stockmarket debut – Sydney Morning Herald
Investors scrambling for a piece of fast-growing Chinese financial technology giant Ant Group.
Announcing the deal terms on Monday, Ant said that large, strategic investors in the Shanghai tranche of the initial public offering (IPO) would include Singapore state investor Temasek Holding, as well as Singaporean and Abu Dhabi sovereign wealth funds GIC and Abu Dhabi Investment Authority.
Alibaba interest
It has earmarked 80 per cent of its domestic offering to 29 strategic investors that will be locked up for at least one year and will also include a wholly-owned unit of technology giant Alibaba…
-
General24 hours agoDiamonds defeat Proteas 64-53 in first netball Test in Bendigo
-
General23 hours agoMitch Marsh inspires Australia to three-wicket win over New Zealand in third T20I
-
General22 hours agoNothing to see here *wink wink*
-
General21 hours agoNewcastle Jets defeat semi-professional Heidelberg United 3-1 to lift first Australia Cup