REUTERS reports:
Singapore state investor Temasek Holdings is considering an investment in the initial public offering (IPO) of Chinese financial technology company Ant Group, which could be the world’s biggest IPO, two people familiar with the matter said.
Singapore sovereign wealth fund GIC Pte Ltd is also considering investing in the IPO, said one of the people.
Temasek, GIC and Ant declined to comment.
Ant, backed by Alibaba Group Holding BABA.N9988.HK, plans to list simultaneously …
The post RTR: Exclusive: Ant’s mega IPO draws interest from Singapore investor Temasek, say sources appeared first on The Loadstar.
Source: The Loadstar
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