Try our Advanced Search for more refined results

Market Rumors: Ant Financial, Cowell, Puerto Rico

By Chelsea Naso (March 17, 2015, 6:13 PM EDT) -- Zhejiang Ant Small & Micro Financial Services Group Co., Alibaba Group Holding Ltd.'s finance arm, is planning to use a partnership structure to allow top management to maintain control of the company's board after an anticipated initial public offering, Bloomberg reported Tuesday. Under the structure, the partners in Ant Financial, as the unit is known, will nominate a majority of directors, similar to the structure used by Alibaba in its IPO, the report said. The finance business, which owns Alipay, is said to have been valued at more than $40 billion in a recent fundraising round. ...

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.


A Law360 subscription includes features such as

  • Daily newsletters
  • Expert analysis
  • Mobile app
  • Advanced search
  • Judge information
  • Real-time alerts
  • 450K+ searchable archived articles

And more!

Experience Law360 today with a free 7-day trial.

Start Free Trial

Already a subscriber? Click here to login

Related Sections

Companies

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!