Private Equity Exits: IPO Delays Continue with Alibaba
Alibaba Group Holding Ltd. has decided to delay the potential initial public offering (IPO) of its Freshippo grocery chain in Hong Kong due to weak investor sentiment towards consumer stocks.
Deutsche’s DWS Abandons IT Plan to Cut Costs
Deutsche Bank AG’s investment division is expected to abandon significant sections of a major IT overhaul due to project delays and cost overruns.