| Alibaba Group Holding Ltd. founder Jack Ma Thursday said the company is open to selling a stake in the e-commerce provider to sovereign wealth funds in order to finance a buyback of its shares from Yahoo Inc., Bloomberg News reported on its website.
Alibaba, Mr. Ma said, is open to investments from firms such as China Investment Corp. and Temasek Holdings Pte., which already is an investor in Alibaba. Efforts by Bloomberg News to reach CIC for comment were unsuccessful. Temasek spokesman Stephen Forshaw declined to comment on hypothetical situations, Bloomberg reported...............................................Full Article: Source
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