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Credit Suisse invested $100 million in Ant, expects windfall

Bloomberg NewsbyBloomberg News
July 27, 2020
in Risk & Security
Reading Time: 2 mins read
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Credit Suisse Group AG invested nearly $100 million in Ant Group during its last funding round, according to people familiar with the matter, setting the Swiss bank up for a potential windfall as the Chinese internet giant prepares to go public. The Zurich-based lender, a frequent adviser on deals across Jack Ma’s empire, made the […]

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Tags: Ant Group (formerly Ant Financial)BloombergCapital & FundingCredit SuisseGoldman SachsPremium
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