BBG: Alibaba’s Cainiao plans to raise at least $1bn in Hong Kong IPO soon
BLOOMBERG reports: Cainiao Network Technology Co., the logistics arm of Alibaba Group Holding Ltd., is planning to ...
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Bloomberg‘s Chris Hughes writes: “Apollo Global Management’s reputation for M&A savvy is suddenly under threat. The U.S. buyout firm this week encountered a potential challenge to its agreed $4.4 billion deal for U.K. packaging company RPC Group Plc. Tactics that avoided an auction have now left it unable to fight back against an interloper.”
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