Warburg Pincus Marks Down Ant Valuation After Failed China IPO
Bloomberg 3/16/2021 Lulu Yilun Chen © Bloomberg Employees walk through the campus of the Ant Group Co. headquarters in Hangzhou, China, on Wednesday, Jan. 20, 2021. Ant Co-Founder Jack Ma resurfaced for the first time since China’s government began clamping down on his business empire nearly three months ago, appearing in a live-streamed video that sent Ant affiliate Alibaba Group Holding Ltd. s stock soaring but left plenty of unanswered questions about the billionaire’s fate.
(Bloomberg) Warburg Pincus LLC, an early investor in Ant Group Co., marked down the value of the Chinese fintech giant after its initial public offering was derailed last year, according to people familiar with the matter.
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Petco Announces Addition of Retail Transformation, Finance and Human Capital Management Expertise as well as Further Diversity to Its Board of Directors
Supports the continued development of Petco s digital-led, pet care ecosystem; advances diversity and inclusion leadership commitments with additional board-level gender and ethnic diversity
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SAN DIEGO, March 11, 2021 /PRNewswire/ Petco Health and Wellness Company, Inc. (NASDAQ: WOOF), a complete partner in pet health and wellness, today announced the addition of two accomplished independent board members: Sabrina Simmons, former Executive Vice President and Chief Financial Officer of Gap Inc., and Mike Mohan, President and Chief Operating Officer of Best Buy. The company also announced the addition of Mary Sullivan, Senior Managing Director & Chief Talent Officer at Canada Pension Plan Investment Board (CPP Investments), to the board. The new directors bring powerful compl