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HONG KONG -(Dow Jones)- Minority shareholders of Alibaba.com Ltd. (1688.HK) on Friday voted in favor of a proposal by its parent Alibaba Group Holding Ltd. to take the Hong Kong-listed online trading unit private, as the Chinese Internet giant ...
May 25, 2012 at 05:26 | Source: NASDAQ
Shareholders of Alibaba.com have agreed to the company's plan to buy back shares in a bid to take the firm private. Alibaba Group said it will pay about $2.5bn (£1.5bn) to complete the buyback, which is expected to be finalised next month. The firm is ...
May 25, 2012 at 02:27 | Source: BBC News
ALIBABA.COM, the business-to-business site under Alibaba Group, has won approval for a US$2.5 billion privatization plan from minority shareholders to buy out the Hong Kong-listed company, paving the way for a potential overall listing of the e-commerce group.
May 26, 2012 at 01:43 | Source: English Eastday
Alibaba Group Holding Limited (“Alibaba Group”) and Alibaba.com Limited (HKSE: 1688; 1688.HK “Alibaba.com”) jointly announced that the proposal for the privatization of Alibaba.com by way of a scheme of arrangement (“Scheme”) has been approved ...
May 25, 2012 at 08:47 | Source: SYS-CON Media
Summary: The online marketplace helps small businesses find international suppliers, many of whom have been inspected for quality and reliability. When you’re a small company producing relatively small volumes of products, it can be difficult ...
May 14, 2012 at 10:19 | Source: ZDNet
HONG KONG - Alibaba.com shareholders have approved a $2.5 billion privatization bid by the Chinese e-commerce firm's parent. Shareholders voted in favour Friday of an offer by Alibaba Group Holding Ltd. to buy back the 27 per cent of the company it doesn't ...
May 25, 2012 at 10:20 | Source: globalregina.com
HONG KONG—Minority shareholders of Alibaba.com Ltd. on Friday voted in favor of a proposal by Alibaba Group Holding Ltd. to take the Hong Kong-listed online trading unit private. According to the proposal, Alibaba Group will pay HK$13.50 (US$1 ...
May 25, 2012 at 08:25 | Source: Wall Street Journal
BEIJING -(MarketWatch)- Alibaba.com Ltd. said Monday a major investor had committed to voting in favor of a proposed plan to take the company private. In a filing the company said the shareholder, identified as Davidson Kemper European Partners ...
May 14, 2012 at 17:00 | Source: Marketwatch
HANGZHOU, May 25, 2012 (SinoCast Daily Business Beat via COMTEX) -- Alibaba.com Ltd. (sehk:1688) on May 25 announced that 83.3% of its shareholders had voted through its privatization. Alibaba Group announced on February 21 that it planned to acquire the ...
May 25, 2012 at 10:49 | Source: MENAFN
More than 95 percent of votes cast by Alibaba.com Ltd shareholders at a ballot in Hong Kong yesterday supported the US$2.5 billion buyout offer from the parent, company secretary Elsa Wong (黃麗堅) said. That was more than the 75 percent ...
May 25, 2012 at 16:46 | Source: Taipei Times