Alibaba leads bid to take HK retailer Intime private in $2.6b deal

Alibaba leads bid to take HK retailer Intime private in $2.6b deal

REUTERS/Brendan McDermid

Alibaba Group Holding Ltd. is leading a bid to take department store operator Intime Retail Group Co. private, as China’s largest online retailer seeks to deepen its integration with brick-and-mortar stores.

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