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 Alibaba affiliate Ant Financial announced a surprise deal to acquire international payment service MoneyGram for $880 million last month, but that looks like being just the start of its M&A activities. A source at the company confirmed to TechCrunch that it is close to raising nearly $3 billion in debt financing in order to bankroll further acquisitions, as The Information and… Read More
https://techcrunch.com/2017/02/08/alibabas-ant-financial-is-raising-3b-in-debt-to-finance-a-global-ma-spree/?ncid=rss
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