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Petco picks bank for possible IPO
Petco is preparing for a potential initial public offering or sale that could value the pet supplies retailer at between $4 billion and $5 billion.
Reuters is reporting that the retailer has selected Goldman Sachs to help with an IPO of the San Diego-based company that could take place as soon as this year.
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Former Goldman Sachs partner to lead Alibaba global growth
Hangzhou, China – Alibaba Holding Group Inc. is tapping a former longtime partner at Goldman Sachs to oversee the online giant’s international growth.
Michael Evans, who is also a member of the Alibaba board, has been named president of Alibaba Group, effective immediately.
