CNBC: Goldman Sachs joins syndicate for Ant IPO of up to $30 billion – sources

CNBC reports:
Goldman Sachs has joined the growing list of investment banks working on Chinese financial technology firm Ant Group’s mammoth initial public offering of up to $30 billion, two people with direct knowledge of the matter said.
Ant, backed by Chinese e-commerce giant Alibaba Group, plans to list simultaneously in Hong Kong and Shanghai, in what sources have said could be the world’s largest IPO and come as soon as October. 
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Source: The Loadstar

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