Yahoo stake race in home stretch | india | Hindustan Times
Today in New Delhi, India
Dec 10, 2016-Saturday
-°C
New Delhi
  • Humidity
    -
  • Wind
    -

Yahoo stake race in home stretch

india Updated: Nov 29, 2011 20:30 IST

Reuters
Highlight Story

Thomas H Lee Partners is interested in buying the US operations of Yahoo, breaking away from other bidders, sources said.

THL is hoping to do a leveraged buyout of Yahoo's US business, which could be worth $5 billion to $6 billion, the sources said.

Private equity firms Silver Lake, KKR and TPG are expected to bid for a stake of up to 20% in Yahoo on Monday. Microsoft is helping to finance a possible Silver Lake investment in Yahoo, which has a market value of about $19 billion.