Wednesday, June 1, 2016

UPDATE 1-Singapore buys $1 bln in Alibaba stock in SoftBank sale

June 1 (Reuters) - Singapore sovereign wealth funds bought

$1 billion of Chinese e-commerce company Alibaba Group Holding

Ltd's shares as part of an $8.9 billion sale by Japan's

SoftBank Group Corp, Alibaba's biggest shareholder, the

company said on Wednesday.

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