The consortium of 11 investors—including Giant Investment Ltd., Yunfeng Capital, a private-equity firm founded by Alibaba Group Holding’s Mr. Ma, China Oceanwide Holdings Group Co., China Minsheng Trust Co., CDH China HF Holdings Company and Hony Capital Fund——will purchase... SHANGHAI—A Chinese consortium led by Shanghai Giant Network Technology Co. and joined by a fleet of financial moguls including a private-equity arm of Alibaba founder Jack Ma has agreed to purchase an Israeli gambling business for $4.4 billion in cash.

Source: Wall Street Journal July 31, 2016 12:00 UTC