Apr 16, 2012

Alibaba Plans to Buy Yahoo Amounting to U.S. $ 4 Billion Dollars

Alibaba Plans to Buy Yahoo Amounting to U.S. $ 4 Billion Dollars  

Alibaba, the largest e-commerce company in China, is trying to establish cooperation for the provision of U.S. $ 4 billion fund 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 Rothschild financial advisory group has submitted a term sheet to the bank to request a proposal guarantee debt financing within three years.

A number of unconfirmed reports said Alibaba is likely to pay up to 20 U.S. dollars 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 Greylock Partners and TPG, 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.

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