Ant Group Confirms Acquisition of Bright Smart Is on Track Despite Delays

Reported about 12 hours ago

Ant Group has stated that the acquisition process for Bright Smart Securities & Commodities Group is proceeding as planned, despite reports of potential regulatory delays. Following a Wall Street Journal article that suggested increased scrutiny by Chinese regulators, Bright Smart's shares fell significantly. However, both Ant and Bright Smart have confirmed that they are continuing with the relevant procedures for the acquisition.

Source: YAHOO

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