首页
登录
职称英语
Chinese e-commerce company Alibaba Group plans to take its Hong Kong-listed
Chinese e-commerce company Alibaba Group plans to take its Hong Kong-listed
游客
2023-11-12
24
管理
问题
Chinese e-commerce company Alibaba Group plans to take its Hong Kong-listed unit private, two sources familiar with the matter said, and is working with Yahoo on an asset-swap deal that may result in Yahoo owning a direct stake in one of Alibaba Group’s operating businesses. The sources told Reuters that taking Alibaba.com private was only one of the proposals being discussed and a final solution to the saga is still being hammered out.
Alibaba Group’s plans are part of an overall deal being discussed by the board of Yahoo, which has come under fire from investors impatient with the company’s
lackluster
performance. The shareholders are also frustrated with the apparent indecisiveness of stakeholders over how to handle its investments in Alibaba and other prized Asian assets.
The deal under discussion is that Alibaba would use borrowed money and internal cash as well as an asset swap to buy back most of a 40 percent stake that Yahoo owns in Alibaba Group, the sources said. "Alibaba.com’s share price has been quite bumpy since its listing. Probably taking it private will make it more flexible for the group to do the transformation that it is going through," said Wendy Huang, head of regional Internet and media research at RBS in Hong Kong.
Alibaba.com shares were halted from trading on Thursday pending an announcement regarding its parent. Alibaba Group currently owns about 73 percent in Alibaba.com, which has a market value of nearly $6 billion. At the current market price, the remaining stake is valued at about $1.6 billion. Yahoo’s stake in Alibaba Group has an estimated value of $14 billion. Under the plans being discussed, Alibaba Group wants to buy back about 25 percent of its stake. Alibaba Group plans to pay a third of the consideration through a stake in one of its operating assets and the rest, or around $6 billion, in cash. Alibaba.com is the most likely operating unit in which Yahoo may be offered a stake, one of the sources said. Both parties have an understanding on this arrangement, but have not signed any formal deal yet, the source added.
Alibaba Group, founded by former English teacher and now billionaire Jack Ma, is looking to raise a loan of about $3 billion, which will be partly used to fund the buyback and the privatization.
Sources previously told Reuters that under a "cash rich split" plan being discussed, Yahoo would effectively transfer most of its 40 percent slice of Alibaba back to the Chinese company and all of its stake in Yahoo Japan to Softbank Corp. in return for cash and assets. Yahoo had also entertained separate proposals from private equity firms TPG and Silver Lake about minority investments in the company, but those offers fell short of Yahoo’s expectations.
From The Guardian, February 10, 2012 [br] Which of the following can best serve as the title of the passage?
选项
A、Yahoo Plans to Exchange Assets
B、Alibaba Plans to Take Hong Kong Unit Private
C、Alibaba Has Cash Rich Split
D、Yahoo Entertained Proposals
答案
B
解析
本题为主旨题。文章开头就提到阿里巴巴跟雅虎交换资产来提请其香港上市公司私有化的消息,之后介绍了两者资产的情况,以及各所持股份的市值情况,以及进行股权交易的方案,所以选项B正确。
转载请注明原文地址:https://tihaiku.com/zcyy/3180659.html
相关试题推荐
HowmanypeoplewereinfectedwithHIVlastyear?[originaltext]Chinesevice
Whatcanweinferaboutthecompany?[br][originaltext]W:Aftertheexpansion
WhyaresomanyChineseclothesstoredinEuropeancustomswarehouses?[br][or
WhyaresomanyChineseclothesstoredinEuropeancustomswarehouses?[original
Ahighlyorganizedsystemofirrigationis______Chineseagriculture.A、typicalof
Accordingtotheelectriccompanyofficials,theprojectisexpectedtobecompl
WhyaresomanyChineseclothesstoredinEuropeancustomswarehouses?[original
You’dratherstayathometokeephercompany,______?A、areyouB、hadn’tyouC、i
Morethanone-thirdoftheChineseintheUnitedStatesliveinCalifornia,_____
Thecost-cuttingmeasuresinclude______administrativeproceduresinthecompany.
随机试题
Don’tworry,behappyand,accordingtoanewresearch,youwillalsobehea
在受工业废水或海水等腐蚀环境中使用的混凝土工程,不宜采用()。A.普通水泥
大陆赠送台湾的一对大熊猫“团团”、“圆圆”顺利通过1个月检疫期后,于( )在台
悬挑式操作平台应采用型钢作主梁与次梁,满铺木板或同等强度的其他材料,并应采用螺栓
成年男性,在房间内因煤气泄露燃烧而导致头、面、颈部、双上肢烧伤,伤后2小时来医院
男,52岁,因上腹饱胀伴呕吐2周,吐出物有腐臭味,少有胆汁,吐后舒适,拟诊为胃癌
物业管理成本中,关于划清营业成本与期间费用的界限,说法错误的是()A:营业成本与
根据《最高人民法院关于审理劳动争议案件适用法律若干问题的解释》,下列纠纷中,当事
2014年,某德国企业在我国投资取得100万欧元的收入,那么,在计算我国CDP时
根据《建筑安装工程费用项目组成》(建标[2013]44号),下列费用属于社会保险
最新回复
(
0
)