Advertisements
//
you're reading...
China Daily Mail


China Daily Mail

Yahoo Inc could be weeks away from selling 15 to 25 percent of Alibaba Group’s stock back to China‘s largest e-commerce company, in a deal designed to eliminate complexities that had scuttled the parties’ previous negotiations, a person familiar with the matter said.

The two companies have been in talks for a month, the person said, but cautioned that there is no guarantee a deal will be reached.

Numerous discussions have been held in recent years about a deal for Alibaba to reclaim some or all of the 40 percent stake in the company that Yahoo acquired in 2005.

A $17 billion tax-free asset swap between the two companies fell apart in February.

The latest deal would not be tax-free and would be much more straightforward, the person told Reuters on Friday.

“The overall complexity of this deal is much simpler. There’s no IRS risk, there’s no complications with…

View original post 316 more words

Advertisements

About Craig Hill

General Manager at Craig Hill Training Services * Get an Australian diploma by studying in your own country * Get an Australian diploma using your overseas study and work experience * Diplomas can be used for work or study in Australia and other countries. * For more information go to www.craighill.net

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Advertisements

407 Training Visas

Get An Australian Diploma

Learn How To Sell Real Estate To Chinese Buyers

Learn How To Sell Real Estate To Chinese Buyers

writer@craighill.net

Join 1,676 other followers

China Daily Mail Latest Headlines On Twitter

Twitter – China Daily Mail

%d bloggers like this: