A consortium comprising Singapore's sovereign wealth fund Tehttp://www.blogger.com/img/blank.gifmasek Holdings, Russian billionaire Yuri Milner-led investment fund DST Global and private equity firm Silver Lake Partners are among investors that have agreed to place $1.6 billion in Alibaba Group, a transaction that values China's largest e-commerce company at $32 billion.
Along with Temasek, DST Global and Silver Lake, Chinese private equity firm Yunfeng Capital are leading a $1.6-billion tender offer of just under 5 per cent for the employee and shareholder stock of privately held Alibaba. Full story
Related:
Four U.S. Firms Advise Silver Lake and Others on $1.6B Stake in China's Alibaba - The AM Law Daily
