| 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 |