[Reuters] Alibaba in talks to raise $2.3 billion equity for Yahoo deal: sources

Posted by: UGN Security

[Reuters] Alibaba in talks to raise $2.3 billion equity for Yahoo deal: sources - 05/21/12 07:10 AM

SINGAPORE/HONG KONG (Reuters) - Chinese Internet firm Alibaba Group is in talks with existing shareholders, including Singapore state investor Temasek Holdings , to raise about $2.3 billion in equity to partly finance its deal with Yahoo Inc. , two sources said.