Science News Headlines | Latest Science News Articles – Yahoo! India News: Alibaba seeks $4bln in financing for Yahoo stake-sources

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Alibaba seeks $4bln in financing for Yahoo stake-sources Dec 8th 2011, 10:48 HONG KONG (Reuters) - Alibaba Group is seeking up to $4 billion in debt financing, sources said on Thursday, in a deal expected to help the Chinese e-commerce giant buy back a 40 percent stake in the company owned by Yahoo Inc . As Alibaba Group is private, there is no public figure on what Yahoo's stake is worth, though some analysts say its worth at least $9 billion. Sources close to the matter said Rothschild , which is acting as debt adviser to Alibaba, had sent out term sheets to banks requesting underwritten proposals for the debt financing. ...

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