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
2024-10-10
28
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] Why does Alibaba plan to take its Hong Kong-listed unit private according to the passage?
选项
A、To help its transformation.
B、To get all its own shares.
C、To get all their stakes.
D、To help its performance abroad.
答案
A
解析
本题为理解题。文章第三段中提到: “Probably taking it private will make it more flexible for the group to do the transformation that it is going through”,意为:可能这会使它能更好地转型,所以应当选A。
转载请注明原文地址:https://tihaiku.com/zcyy/3795222.html
相关试题推荐
Chinesee-commercecompanyAlibabaGroupplanstotakeitsHongKong-listed
Chinesee-commercecompanyAlibabaGroupplanstotakeitsHongKong-listed
Don’tmisstheboat.Thatcompanyisquitefamous.Theunderlinedwordmeans____
Morethanone-thirdoftheChineseintheUnitedStatesliveinCalifornia,_____
Thecompany’sfutureiscontingent_____theoutcomeofthetrial.A、inB、onC、toD
Accordingtothenews,theChinesespokesman______.[br][originaltext]A
Thereisnodoubt______thecompanyhasmadetherightdecisiononthesalespr
WhatwasChinesepapermadefrom?[br][originaltext]Howmuchpaperdoyou
WhatwasChinesepapermadefrom?[br][originaltext]Howmuchpaperdoyou
Whatdoesthewoman’scompanyspecializein?[br][originaltext]M:Goodmorning
随机试题
[originaltext]W:Ohhi,I’dliketojointheFisherLibraryhereinourdepartm
Whydomoremiddle-agedadultshavetotakecareoftheirageingparents?Becaus
Everyculturehasacceptedstandardswhenitcomestopersonalhygiene.For
以下哪些属于震荡期的特点()。A.演出场次增加 B.利润增长 C.竞争对手增
支气管扩张合并咯血时治疗一般不主张应用A.抗生素 B.止血药 C.镇咳
A.羚羊角 B.牛黄 C.蛤蚧 D.马鹿茸 E.花鹿茸呈长圆锥形,略弯曲
平胃散的功用是A.行气化湿,和胃止呕 B.燥湿运脾,和中益气 C.燥湿
各种运输方式内外部的各个方面的构成和联系,就是( )。 A.运输系统
人类在后天与环境的互动中逐渐学习而形成的行为是()。A.正常行为 B.偏差行
最常见肉眼血尿反复发作的肾小球疾病是 A.急性链球菌感染后肾小球肾炎B.急进
最新回复
(
0
)