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ANT GROUP RESTRUCTURING
Ant Group plans restructuring, paving way for Hong Kong IPO: reportThe Alibaba Group affiliate is looking at excluding its blockchain, database management services and international businesses from a main e...26 Jul, 2023, 09.15 AM IST- Ant's surprise share buyback values firm at steep 75% discount to IPOAnt's major shareholders, Hangzhou Junhan Equity Investment Partnership and Hangzhou Junao Equity Investment Partnership, have voluntarily ...08 Jul, 2023, 02.20 PM IST
- Ant Group says no plan for IPO, focusing on business optimisationAnt Group said on Saturday that its founder Jack Ma no longer controls the company after a series of shareholding adjustments that saw him ...08 Jan, 2023, 07.30 PM IST
- Fidelity, BlackRock cut fintech giant Ant’s valuation furtherBoston-based Fidelity Investments cut its estimate for Ant to $70 billion at the end of May, according to Bloomberg calculations based on f...16 Aug, 2022, 05.14 PM IST
- China's anti-corruption watchdog involved in probe of Jack Ma's AntThe Central Commission for Discipline Inspection (CCDI) was seeking to understand the influence of Ma's fintech empire and the extent of it...14 Apr, 2022, 09.17 AM IST
- China asks banks, firms to report exposure to Jack Ma's Ant GroupInstitutions were asked by many regulators, including the China Banking and Insurance Regulatory Commission, to closely examine all exposur...22 Feb, 2022, 09.41 AM IST
- Investor Warburg cuts Ant valuation by 15% to below $200 billionWarburg's cutting of Ant's worth comes after some other global investors have already slashed their valuations and shows scepticism about i...25 Nov, 2021, 11.58 AM IST
- China's Ant Group increases registered capital by 47% to $5.4 billionAnt, an affiliate of e-commerce leader Alibaba Group Holding Ltd, said the increase was to support growth and was "according to relevant re...11 Oct, 2021, 09.09 AM IST
- Fidelity halves valuation of Ant Group after Chinese crackdownThe new valuation for the Jack Ma-founded company, which has been forced to restructure following scrutiny from Beijing, was $144 billion a...03 May, 2021, 10.03 PM IST
- Fidelity halves valuation of Ant Group after Chinese crackdown: ReportThe new valuation for the Jack Ma-founded company, which has been forced to restructure following scrutiny from Beijing, was $144 billion a...03 May, 2021, 07.52 PM IST
- China investigates Ant Group's IPO approval process: ReportThe central-government investigation, which started early this year, focuses on "regulators who greenlighted the initial public offering, l...27 Apr, 2021, 08.58 PM IST
- What's next for Jack Ma's Ant Group after China orders revamp?Ant, valued at around $315 billion at its IPO pricing, is also exploring options for founder Ma to divest his stake and give up control, as...19 Apr, 2021, 12.14 PM IST
- China's Ant to become financial holding firm under enforced revampThe overhaul comes two days after e-commerce giant Alibaba Group Holding Ltd, of which Ant is an affiliate, was hit with a $2.75 billion an...12 Apr, 2021, 05.22 PM IST
- Ant Group to restructure as a financial holding company: China's PBOCUnder terms of the agreement with People's Bank of China, Ant Group will cut "improper" linkage between payments service AliPay, virtual cr...12 Apr, 2021, 04.43 PM IST
- Investors value China's Ant Group at over $200 bn after IPO halt: SourcesThe number is about a third above Ant's valuation after its last fundraising in 2018 when it emerged as the world's most-valuable unlisted ...16 Mar, 2021, 07.35 PM IST
- Global investors value China's Ant Group at over $200 billion: ReportThe number is at least a third above Ant's valuation after its last fundraising in 2018 when it emerged as the world's most valuable unlist...16 Mar, 2021, 12.29 PM IST
- Ant Group reaches deal with China regulators on restructuringAn agreement on the restructuring of Ant, an affiliate of e-commerce giant Alibaba Group, would ease investor concerns about a regulatory c...04 Feb, 2021, 08.51 AM IST
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