Alibaba Group is involved in a follow-on share offering, with the Norges wealth fund also implicated, alongside the Qatar Investment Authority.
4 reports, 2 independent
Updated Aug 25
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What happened
Alibaba Group is involved in a follow-on share offering, with the Norges wealth fund also implicated, alongside the Qatar Investment Authority.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.Alibaba secures investment from European and Middle Eastern funds alongside Norway's wealth fund.1 source
Alibaba Group share offering involving Norway's fund and QIA.1 source
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The entities involved
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Alibaba Group
Chinese multinational technology company
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Qatar Investment Authority
Qatar's sovereign wealth fund founded in 2005
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Norway
country in Northern Europe
Related events
- Qatar utilizes its sovereign wealth fund and financial reserves while hosting economic discussions during the UN General Assembly.
- Qatar Investment Authority and J.P. Morgan Asset Management established a strategic partnership for a $20 billion commitment.
- The Qatar Investment Authority invests in local funds to diversify capital markets and support the local economy.