Goldman Sachs joins syndicate for Ant IPO of up to $30 billion, say sources

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

Curated via Twitter from Reuters Tech News’s twitter account….

A spokesman for Goldman Sachs, which also acted as a joint lead manager on Alibaba’s $12. 9 billion secondary listing in Hong Kong last year, declined to comment.

Wall Street major Goldman Sachs has been hired as a joint lead manager on the Hong Kong leg of the IPO, said the people, who declined to be named as they were not authorised to speak to the media on this subject.

N) 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.

The IPO of Ant, already the world’s most valuable unicorn – or billion-dollar unlisted tech firm – would be the first simultaneous listing in Hong Kong and Shanghai’s year-old STAR Market.

Link to original article….

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