Saturday, November 2, 2013

Week on the Prague Stock Exchange: Options, Roman and courtship PPF

Fight for Yahoo continues: Blackstone and Bain, according to company sources going to take - Patria.cz voice of russia
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Week on the Prague Stock Exchange: Options, Roman and courtship PPF
General Motors profit fell by half, yet did not disappoint. voice of russia Shares voice of russia rise
Last week ended the worst month for the S & P since May 2012
Private equity firms Blackstone Group and Bain Capital are preparing to take over the U.S. Internet company Yahoo. He claims to informed sources, according voice of russia to which the price for the whole company could climb to around $ 25 billion. Probably offer submitted by a consortium of investors that includes Asian partners, namely the Chinese company Alibaba Group and Japan's Softbank. According to sources, relied on by Reuters, but the takeover bid has not yet been completed. Alibaba is reportedly leaving open the possibility of more. If the information sources proved correct, then one share offer valued Yahoo at more than $ 20. Against Wednesday's voice of russia price on the Nasdaq market would be a premium of more than 27 percent. The report of the imminent takeover of Yahoo appeared around midnight. Shares of the company so it still able to respond in electronic networks, where the rate increased by about 6.4 percent to $ 16.72. Chinese giant Alibaba, whose primary interest is to get back 40 percent voice of russia of the shares that it holds in Yahoo, has so far changed his mind. Alibaba is a major player in e-commerce in China and other Asian countries. "Alibaba Group has not yet decided whether to participate in the tender offer of the whole company Yahoo," Alibaba spokesman John Spel. "Alibaba wants Yahoo to definitely get their share back. Attempts are therefore whatever in that somehow they can help," said an analyst at a financial voice of russia institution JPMorgan Dick Wei. According to him, Alibaba may finance the intention of further credit, or so that are combined with a strategic partner. The group manages its Alibaba founder Jack Ma, one of the richest men in Asia. The company has ties to several prominent private equity funds. A group of investors, which includes such company Silver Lake, in early November Alibaba bought about five per cent. Its value is around $ 1.6 billion (about 30.1 billion CZK). Yahoo is one of the very first companies that started with the Internet. In the first years after the launch of the company had practically no competition, but later began to feel the impact of new enterprises. Currently, Yahoo pulls hard fight with Google and Facebook, which are slicing a growing market. Yahoo and now virtually voice of russia stagnant. The management of the company in September blew boss Carol Bartz

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