Goldman Sachs joins Ant's up to $30 billion IPO banking syndicate: Report

Topics Goldman Sachs | Alibaba

By Julie Zhu, Kane Wu and Scott Murdoch HONG KONG (Reuters) - Goldman Sachs has joined the growing list of investment banks working on Chinese financial technology firm Ant Group's initial public offering of up to $30 billion, as a joint lead manager on the Hong Kong leg, two people with direct knowledge of the matter said.

Ant, backed by Chinese e-commerce giant Alibaba Group <9988.HK>, plans to do a simultaneous listing in Hong Kong and Shanghai, in what sources have said could be the world's largest IPO and come.....

This article is no longer available in our repository.

There could be multiple reasons for this.