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Consortium Led by Alibaba, Jiangsu Government Near Deal for Suning.com

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Consortium Led by Alibaba, Jiangsu Government Near Deal for Suning.com

(Bloomberg) — A consortium led by Alibaba Group Holding Ltd. and the Jiangsu provincial government are nearing a deal to buy a stake in the retail arm of Chinese billionaire Zhang Jindongs Suning empire, according to people familiar with the matter, the…

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