06:00 AM EDT, 08/14/2026 (MT Newswires) -- Alibaba ( BABA ) is closing in on a $1.5 billion sale of its video-game arm to private equity firm Trustar Capital, Bloomberg reported Friday, citing unnamed people with knowledge of the matter.

According to the sources, Trustar has emerged as the likeliest purchasers of Lingxi Games after outbidding other interested companies.

However, considerations are ongoing and no final decision has been made, the report said.

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