Jack Ma’s Ant Group faces restructuring obstacle as state investor withdraws
Jack Ma’s Ant Group has suffered a setback to its government-led restructuring efforts after a state-owned asset manager unexpectedly pulled out of a deal to invest in the fintech’s lending arm.
马云(Jack Ma)的蚂蚁集团(Ant Group)在政府主导的重组努力中遭遇挫折，原因是国有资产管理公司信达意外退出了投资于这家金融科技公司贷款部门的交易。
China Cinda Asset Management, controlled by the country’s finance ministry, was set to invest Rmb6bn ($946m) in exchange for 20 per cent of Ant’s loans business, but said late on Thursday that it was withdrawing from the deal after “prudent commercial consideration and negotiation with the Target Company”.
由中国财政部控制的中国信达资产管理公司(China Cinda Asset Management)原定投资60亿元人民币（合9.46亿美元）以换取蚂蚁集团贷款业务20%的股权，但上周四晚表示，“经进一步商业上审慎考虑，与目标公司协商后”，将退出这笔交易。
Ant, which is controlled by the billionaire tech entrepreneur Ma, has been restructuring its business since Chinese regulators pulled the plug on its blockbuster $37bn initial public offering just days before it was set to debut in November 2020.