Alibaba in bumper Yahoo buyback
New and existing private equity investors acquire much-sought-after stakes in Alibaba Group as the e-commerce firm repurchases part of Yahoo’s stake in a $7.6 billion deal
Securing a financing package for the buyback of a partial stake in itself from Yahoo concludes a busy 12 months for Alibaba Group. In addition to the Yahoo agreement, the Chinese e-commerce giant has privatized...
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