A court in Shenzhen has decided in the second instance of two cases that Primavera Capital Group, founded by well-known investor Fred Hu, acted against the best interests of investors when it sold its stake in the company that would become Ant Group Co. Ltd. ahead of the fintech giant’s then-planned IPO.
Start your deal-making journey now!
Subscribe now to enjoy unlimited access at just $59.
Premium coverage on private equity, venture capital, and startups in Asia.
Exclusive scoops from our reporters in nine key markets.
In-depth interviews with industry leaders shaping the ecosystem.
Already a Subscriber? Log in
Contact us for corporate subscriptions at subs@dealstreetasia.com