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Alibaba Group Holdings Ltd. is in talks with Singapore state investment company Temasek Holdings Pte. Ltd. to help it finance a $7.1 billion purchase of its shares from Yahoo Inc., people familiar with the situation said Monday.
Temasek may provide about $500 million if the negotiations are successful, these people said. Late Sunday, Yahoo struck a deal under which it will sell up to half of its 40% stake in Alibaba in a taxable transaction………………………………………..Full Article: Source
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Sovereign Wealth Funds Briefing - Categorized | Investment
Alibaba in talks with Temasek to finance buyback from Yahoo
| Posted on 22 May 2012 |
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