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https://fortune.com/2023/07/08/ant-group-buy-back-shares-ease-investor-pressure-china-ends-crackdown-that-derailed-worlds-biggest-ipo/
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Ant Group will buy back shares to ease investor pressure as China ends crackdown that derailed world’s biggest IPO - Fortune
7/8/23 at 3:52pm
Organization
Fortune
Authors
Lulu Yilun Chen
Bloomberg
41 words
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The buyback valuation is almost 70% lower than the $280B market cap Ant fetched in 2020 for its scrapped IPO.
Business & Industrial
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China
Ant Group
investor pressure
buyback valuation
Ant
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