Exclusive: Alibaba, part of planned Taiwan fund, won’t seek board seats at local firms – source | International News Live Blog
Exclusive: Alibaba, part of planned Taiwan fund, won’t seek board seats at local firms – source | International News Live Blog
https://internationalnewsliveblog.wordpress.com/2017/01/11/exclusive-alibaba-part-of-planned-taiwan-fund-wont-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. http://internationalnewslive.com/exclusive-alibaba-part-of-planned-taiwan-fund-wont-seek-board-seats-at-local-firms-source/