Monday, 10 October 2011
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BusinessWeek, 10 Oct 2011
Oct. 10 (Bloomberg) -- Alibaba Group Holding Ltd. has talked with Singapore’s Temasek Holdings Pte about providing financing to buy the 40 percent stake in itself held by Yahoo! Inc., according to people familiar with the matter.
Temasek, the state-owned investment company, may help fund an offer in return for a bigger share of privately owned Alibaba Group, said the people, who declined to be identified because the discussions are confidential. Temasek isn’t interested in owning Yahoo, one person said. Full story
Temasek may provide fund for Alibaba to buy stake from Yahoo
BusinessWeek, 10 Oct 2011Oct. 10 (Bloomberg) -- Alibaba Group Holding Ltd. has talked with Singapore’s Temasek Holdings Pte about providing financing to buy the 40 percent stake in itself held by Yahoo! Inc., according to people familiar with the matter.
Temasek, the state-owned investment company, may help fund an offer in return for a bigger share of privately owned Alibaba Group, said the people, who declined to be identified because the discussions are confidential. Temasek isn’t interested in owning Yahoo, one person said. Full story
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