Alibaba finds use for jumbo loan, plots $2.4bn delisting
Alibaba Group plans to take its flagship online business private, giving it a use for some $3bn of financing it has lined up from a consortium of Asia Pacific and European banks, as its attempts to buy back a stake from Yahoo drag on.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts