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Sliver Lake, DST Global, Temasek Holdings, and Yunfeng Capital are tendering for $1.6B in...
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Thursday, September 22, 2011, 10:43 AM ETSliver Lake, DST Global, Temasek Holdings, and Yunfeng Capital are tendering for $1.6B in Alibaba shares at a price that values firm at $32B. This would put Yahoo's (YHOO) 39% stake in the company at $12.5B. The deal's intention is to allow Alibaba employees to cash out of some shares, and clearly means an IPO isn't coming soon.
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