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Verizon sale leaves Yahoo investors betting on a stub

Bankers and analysts argue it is most likely that Yahoo will find a way to divest its Yahoo Japan stake, worth more than $8 billion

Reuters 

Yahoo Inc shareholders may be left betting on how quickly, if at all, the former web pioneer can cash in on its multi-billion dollar stakes in two Asian peers after Monday's deal to sell its core internet assets to Verizon Communications Inc. Most of Yahoo's $36.4 billion market value is derived from its 15% stake in Chinese online commerce company Alibaba Group Holdings Ltd and its 35.5% stake in joint venture Yahoo Japan Corp. These are not included in Yahoo's deal with Verizon. Investors will be hoping for a quick sale of these stakes, but Yahoo has been looking ...

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First Published: Tue, July 26 2016. 11:32 IST
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