Ant Financial shares are being offered privately at levels which value the Chinese financial giant at $200 billion, Reuters revealed, lifting it up the ranks of the most valuable unlisted companies. Speculation has grown that Ant, the world’s largest so-called "unicorn" — a newly-formed unlisted tech firm valued at $1 billion or more — is working towards an IPO this year.
Reuters reveals private offers value Ant Financial at $200 bln
17 January 2020, 12:00 am 1 minute
Article Tags
Type: Reuters Best
Sectors: Equities
Regions: Asia
Win Types: Exclusivity
Story Types: Exclusive / Scoop