[Reuters] Yunfeng, Silver Lake complete $1.6 billion Alibaba stake

Posted by: UGN Security

[Reuters] Yunfeng, Silver Lake complete $1.6 billion Alibaba stake - 11/03/11 06:35 AM

HONG KONG (Reuters) - Yunfeng Capital, Silver Lake and other investors completed the purchase of a 5 percent stake in Alibaba Group, parent of listed Alibaba.com Ltd, worth $1.6 billion on November 1, a source told Reuters on Thursday.