Ant Financial raises $14 billion in world's largest-ever single fundraising | Reuters
'Ant Financial, spun off from Alibaba Group Holding Ltd before the e-commerce firm’s 2014 listing, has played a major role in shaping China’s financial technology landscape. '
'Other global investors included Malaysian SWF Khazanah Nasional Bhd [KHAZA.UL] and U.S. private equity firms Silver Lake and General Atlantic, it said. '
'SHANGHAI/BEIJING (Reuters) - Ant Financial Services Group, operator of China’s biggest online payment platform, on Friday said it raised around $14 billion in what market watchers called the biggest-ever single fundraising globally by a private company. '
'In a statement, Ant said the funding included both U.S. dollar and Chinese yuan tranches. '
'Deutsche Bank, Citigroup, China International Capital Corp, CITIC Securities, JPMorgan and Morgan Stanley acted as financial advisors to Ant. '
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'Ant Financial, spun off from Alibaba Group Holding Ltd before the e-commerce firm’s 2014 listing, has played a major role in shaping China’s financial technology landscape. '
'Other global investors included Malaysian SWF Khazanah Nasional Bhd [KHAZA.UL] and U.S. private equity firms Silver Lake and General Atlantic, it said. '
'SHANGHAI/BEIJING (Reuters) - Ant Financial Services Group, operator of China’s biggest online payment platform, on Friday said it raised around $14 billion in what market watchers called the biggest-ever single fundraising globally by a private company. '
'In a statement, Ant said the funding included both U.S. dollar and Chinese yuan tranches. '
'Deutsche Bank, Citigroup, China International Capital Corp, CITIC Securities, JPMorgan and Morgan Stanley acted as financial advisors to Ant. '
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