By FDI Creative Services on 01/11/2017
Category: Security News

Exclusive: Alibaba, part of planned Taiwan fund, won't seek board seats at local firms - source

TAIPEI (Reuters) - Alibaba Group Holding, which is awaiting regulatory approval for a $45 million fund it is participating in, has promised the Taiwanese government it will not take board seats at local firms the fund invests in, a source with direct knowledge of the matter said.

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