Monday, April 25, 2016

Alibaba weighs appeal against HK panel ruling that healthcare deal broke takeover code

HONG KONG, April 26 (Reuters) - Chinese e-commerce giant

Alibaba Group Holding Ltd said it's considering whether

to launch an appeal against a Hong Kong regulator's finding that

it breached takeover rules by buying an effective majority stake

in a healthcare firm in 2014 without extending the offer to all

of its shareholders.

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