Alibaba, the largest e-commerce company in China, is trying to establish cooperation for the provision of funds 4 billion U.S. dollars (about Rp 36 trillion) to acquire 40 percent shares of Yahoo China.
Not only that, Alibaba is also obsessed with taking over Yahoo's stock around the world. A source told Reuters that the group has submitted a financial advisor Rothschild term sheet for the bank to request a proposal guarantee of debt financing within three years.
Some unconfirmed reports said Alibaba is likely to pay up to 20 U.S. dollars (approximately USD 182,000) per share for Yahoo. Alibaba along with other business groups, such as Softbank, Blackstone Group and Bain Capital, is making a special offer for Yahoo.
On the other hand, there are two other groups that are being proposed purchase of some shares of Yahoo. The first group is TPG and Greylock Partners, while the second group is Silver Lake, Microsoft, and Andreessen Horowitz.
In 2005, Yahoo invested funds of up to 1 billion U.S. dollars in China, one of them to buy shares of Alibaba.
1 comments
sorry, this article I read from some other articles.
Post a Comment
IF YOU LIKE THIS ARTICLE, PLEASE SHARE OR LEAVE YOUR COMMENT ..