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Ant Group's $35 billion IPO could be back in play because it plans a JV with China-backed firms, report says

September 2, 2021
Source: msn.com msn.com
News Snapshot:
Qaida cheers Afghanistan ‘victory’, says Kashmir next target Tyrese Gibson OPENS UP on losing roles to Terrence Howard; Says Hollywood prefers ‘lighter skinned black man’ © Chen Zhongqiu/VCG/Getty Images Ant Group's $35 billion IPO could be back in play because it plans a JV with China-backed firms, report says Ant Group is poised to create a credit score JV with Chinese state-backed partners, Reuters reported This move could enable the Alibaba-owned fintech giant to proceed with its blockbuster IPO, abandoned in November. Chinese regulators had turned up the pressure and ordered Ant Group to restructure before going public. Ant Group's...
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