Alibaba Group Receives 33% Equity Interest in Ant Financial

Alibaba Group Holding Limited and Ant Small and Micro Financial Services Group Co., Ltd. today announced that Alibaba Group has received a newly-issued 33% equity interest in Ant Financial following the satisfaction of the closing conditions set forth in the 2014 transaction agreements and the relevant amendments to those agreements.

source https://finance.yahoo.com/news/alibaba-group-receives-33-equity-061900789.html?.tsrc=rss

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