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HK Regulator Finds Alibaba Health Buy Broke Takeovers Code

By Chelsea Naso ( May 18, 2016, 1:55 PM EDT) -- Hong Kong regulators found that Internet and e-commerce giant Alibaba Group Holding Ltd. violated the Takeovers Code in its private equity-backed acquisition of an online drug platform now known as Alibaba Health by giving special terms to one of the target's investors when it bought a separate business, according to a statement on Wednesday. . . .

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