Moody's: Alibaba's ratings unaffected by privatization proposal for Intime
Hong Kong, January 12, 2017-- Moody's Investors Service says that Alibaba Group Holding Limited's joint privatization proposal with Mr. Shen Guo Jun to privatize Intime Retail Company Limited will not immediately affect its A1 issuer rating, A1 senior unsecured debt rating, or the stable outlook on the ratings. On 10 January 2017, Alibaba Investment Limited, a wholly owned subsidiary of Alibaba Group Holding Limited, said that it would jointly offer to privatize Intime Retail-- a...
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