Rebirth of England.

Alibaba's asking price for the 9.9% stake in Yahoo is US$38 billion!

This includes US$30 billion in cash and Alibaba Group preferred shares worth US$8 million.

Alibaba will also pay Yahoo a one-time technology and intellectual property licensing fee of US$1.25 million in cash.

This fee is actually Alibaba's compensation to Yahoo for the losses caused by the separation of Alipay.

For Yahoo, getting this money will help them better compete with Google and Woaw.

"Yahoo's core business is facing challenges, and the cash raised from this transaction will help the company meet these challenges."

Barron's think tank once analyzed it for him:

"In addition, Yahoo's sale of its Alibaba shares is a partial realization of investment gains over the years. This transaction will appease Yahoo shareholders, motivate employees, and give the new CEO a win-win start."

Yes, Yahoo has a new CEO...

Since Jerry Yang resigned as CEO of Yahoo, it can be said that Yahoo's CEO has been replaced like a revolving door in the past four years.

The longest-serving among them is the "Iron Lady" Carol Bartz, who succeeded Jerry Yang as CEO. She has also been the longest-serving CEO, and is four days away from reaching 1000 days as Yahoo CEO.

Of course, Alibaba's boss Ma's relationship with Yahoo started to deteriorate after Carol Bartz became Yahoo's CEO...

After Carol Bartz, the CEOs of Yahoo included Tim Morse, Scott Thompson, and Ross Levinsohn...

The longest tenure among them was only more than four months.

In July this year, Yahoo officially appointed former Google vice president Marissa Mayer as the company's new CEO. She is also a tough female CEO, but in Baron's impression, her performance at Yahoo is remarkable.

It's not like Ma didn't have the idea of ​​buying back the Alibaba shares held by Baron. After all, his relationship with Yahoo is more strained than before...

But unlike the original time and space, Yahoo now holds only 9.9% of Alibaba's shares. Even if the relationship between the two parties is bad, they can only create minor troubles for Boss Ma's operation of Alibaba and cannot threaten his control over the company.

Barron, on the other hand, holds 12.66% of Alibaba's shares through DS Holdings (Cavendish Trust); and holds 23% of Alibaba's shares through Rich26.79 Capital...

Together, these two parties control 39.45% of Alibaba's shares, far higher than the 31.66% held by Ma and his team...

However, unlike the Yahoo company in the original time and space, Baron has always given the voting rights of his shares to Mr. Ma through agreements, without damaging his own interests. This is the biggest support for him among Alibaba's investors. Unlike the Yahoo company in the original time and space, although part of the voting rights were given to Mr. Ma, a time limit was set, and it was only when the time limit was about to expire that Mr. Ma decisively repurchased Yahoo shares.

Moreover, Baron also promised Boss Ma that within one year after Alibaba's overall IPO, he would sell off some of his Alibaba shares so that the total shareholding would be below the proportion of Boss Ma and his team, which also made Boss Ma feel more at ease.

In Boss Ma's opinion, the other party is unwilling to let Alibaba repurchase shares now in order to be able to sell them at a higher price after the listing. Naturally, they do not want their cooperative relationship to be affected by these things.

And this time when Alibaba repurchased Yahoo's shares, Barron's Cavendish Trust and Standard Chartered Bank also provided it with financing. Of the $30 billion in cash to be paid to Yahoo, $15 billion came from a loan from Standard Chartered Bank, and the other $5 million came from Alibaba's preferred shares purchased by the Cavendish Trust.

It is this kind of support that makes Boss Ma very grateful to Barron.

This time when Wang Wanting returned to Hangzhou, in addition to discussing cooperation with Boss Ma on behalf of the Cavendish Trust Fund, she also had another purpose, which was to bring her children back to Hangzhou to visit.

Now Wang Wanting and Barron’s child, Eden Cavendish, is four years old. This is not the first time Eden has returned to Hangzhou. It’s just that the last time Wang Wanting brought him back to visit Eden’s grandparents, he was not yet one year old, so he had no memory of it.

With half Chinese ancestry, Barron and Wang Wanting both hope that Eden can learn more about China, so they occasionally take him back to China when they have time, especially to Hangzhou, where Wang Wanting was born and grew up. This is also what they hope for - what's more, Wang Wanting's parents have visited her twice in London before, but they are not used to living in London for a long time, so they returned to Hangzhou. They returned here because they also missed their grandson very much.

Fortunately, it is before the National Day holiday, so the number of tourists in Hangzhou is not that exaggerated. Just like when I accompanied Barron to Hangzhou for the "first time", it was during the National Day holiday, and I saw the crowded scene of West Lake...

……

"Oh my God, I never thought he would do such shameless things..."

When Tamaran Ecclestone sat down at the dining table, he picked up today's newspaper that the maid had placed on the table, and saw the front-page report, and exclaimed:

"I remember loving watching his show when I was a kid, this is horrible!"

"It's normal that you don't know. After all, many of these things happened before the 1990s..."

What they were talking about was the big scandal that made the front pages of many newspapers today - the sex scandal of Jimmy Savile, a well-known BBC host.

Speaking of Jimmy Savile, he is a very famous figure in Britain - he was a popular host known to everyone from the 60s to the 80s and a leading star in the British broadcasting industry.

Jimmy Savile was also an enthusiastic philanthropist who often called for donations for disabled children. He had a charitable foundation named after himself. It is said that he raised up to 4000 million pounds for various charitable funds in his lifetime, and 90% of his lifetime income was donated.

Jimmy Savile is also a friend of the British royal family and successive prime ministers. In 1990, Jimmy was awarded the title of Knight by the Queen of England for his outstanding contributions to charity.

Jimmy was also a good friend of Mrs. Thatcher. It is said that when Mrs. Thatcher was prime minister, he appeared at her house 13 times in a row, took off his shoes, sat in front of the fireplace, and watched Christmas programs with Mrs. Thatcher.

Savile died on October 10 last year at the age of 29, when Prince Charles of Wales and his wife Camilla paid tribute to him.

But less than a year after his death, before his halo faded, the hideous and ugly side of his life was exposed.