Ant Financial Rumored To Seek Control Of Beijing Guoan Football Club

footballAnt Financial Services Group, a financial services affiliate of Alibaba Group Holding Ltd., is rumored to be in discussion with Beijing Guoan Football Club to take a 40% stake in the Chinese Super League participant. Ant Financial will become the largest shareholder, if the deal proceeds as expected, while Guoan's existing control shareholder CITIC Group […]

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Read the original article: China Money Network