GIC Eyes Participation in Ant Group IPO

Posted on 10/06/2020

Singapore’s GIC Private Limited, already an investor in Ant Group, plans to invest more than US$ 1 billion in the company’s massive initial public offering as early investors. Temasek Holdings, GIC, and China’s National Council for Social Security Fund plan to participate in the IPO.

Ant Group is a Chinese payments firm giant.

Keywords: Ant Financial.

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