Alibaba Group Holdings Ltd.?s plan to take back control of the company got another boost as minority shareholders voted in favor of taking the company?s Hong Kong-listed unit private.
Alibaba Group will pay HK$6.24 billion ($804 million) for control of ChinaVision Media Group. ||| Hong Kong - Alibaba Group Holding Ltd. will pay HK$6.24 billion ($804 million) for control of ChinaVision Media Group Ltd., giving Chi... Read Post
Alibaba Group Holding Ltd. is working on increasing the size of a US$3 billion loan it has already taken out to finance the privatization of its Hong Kong listed unit to US$4 billion, a person familiar with the situation said Wednes... Read Post
HONG KONG (Reuters) - Alibaba.com Ltd, Hong Kong-listed unit of China's Alibaba Group, said on Friday that 83.8 percent of its shareholders have approved a $2.5 billion buyout offer by the parent to take the company private, in a de... Read Post