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Can't Wait for Alibaba? Jump the queue with Yahoo!
Can't wait for the Alibaba IPO next month? If you buy Yahoo! shares you are indirectly participating in Alibaba's IPO right now and, as Saxo Bank's Head of Equity Strategy, Peter Garnry explains, you'll end up getting most of Yahoo! for free.
It sounds confusing, but based on Alibaba's estimated valuation of one hundred and fifty billion USD, Yahoo!'s stake in Alibaba would be worth around thirty four billion USD; almost the same as Yahoo! itself.
02:59 minutes
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