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Goldman, BofA Left Off Ant IPO for Work With Alibaba Rivals

Laveta Brigham 3 years ago
Goldman, BofA Left Off Ant IPO for Work With Alibaba Rivals

(Bloomberg) — Goldman Sachs Group Inc. and Bank of America Corp. were left off Ant Group’s upcoming stock sale in Hong Kong because of their past work with rivals of its affiliate Alibaba, according to people familiar with the matter. Bankers have been told by senior executives at Alibaba Group […]

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