Yahoo's stake in Alibaba could be worth $37BN, Yahoo's market value is $40BN
Fuller Treacy Money
Yahoo's stake in Alibaba could be worth $37BN, Yahoo's market value is $40BN. This article by Tara Lachapelle for Bloomberg may be of interest to subscribers. Here is a section: Last month, the average valuation forecast for Alibaba was $153 billion, based on 10 analysts' estimates compiled by Bloomberg News. That implies almost $37 billion for Yahoo's stake in the Hangzhou, China-based company. Yahoo's own market value is about $40 billion. Even if Alibaba commanded just $100 billion, Yahoo could sell a 10 percent position and still receive more than $6 billion in cash after taxes, according to Ronald Josey, a New York-based analyst at JMP Securities, a unit of JMP Group. That would leave Yahoo with at least $11 billion of cash. Alibaba is the spark, Josey said in a phone interview.
Never miss an update
Enjoy this wire? Hit the ‘like’ button to let us know.
Stay up to date with my current content by
following me below and you’ll be notified every time I post a wire
Fuller Treacy Money is one of the world's most highly regarded research services covering global strategy and investment trends. Produced by Global Strategists David Fuller and Eoin Treacy, Fuller Treacy Money analyses the major markets - stocks, bonds, currencies and commodities - from both a technical, behavioural and fundamental economic
3 topics
Fuller Treacy Money
Fuller Treacy Money is one of the world's most highly regarded research services covering global strategy and investment trends. Produced by Global Strategists David Fuller and Eoin Treacy, Fuller Treacy Money analyses the major markets - stocks,...
Expertise
No areas of expertise
Fuller Treacy Money
Fuller Treacy Money is one of the world's most highly regarded research services covering global strategy and investment trends. Produced by Global Strategists David Fuller and Eoin Treacy, Fuller Treacy Money analyses the major markets - stocks,...
Expertise
No areas of expertise
Comments
Comments
Sign In or Join Free to comment