Mergers and Acquistions News
Categories: Media & Information Services
November 11th 2011, 13:46PM
Several private equity companies are weighing up the possibility of acquiring minority stakes of up to 20 per cent in Yahoo, it has been reported.
Sources close to firms such as KKR and TPG Capital have told Reuters that a number of organisations are considering making bids to purchase part of the internet-based giant, with a view to then completing a full takeover at a later date.
Last month, there was intense speculation around the market that global powerhouses Google and Microsoft were set to go head-to-head by launching multi-billion pound bids to acquire Yahoo.
However, the insiders indicated that a group of private equity companies have now signed confidentiality agreements with Yahoo in the hope that taking a minority stake will put them in pole position for a move to take complete control when the leverage finance sector opens up.
In addition, it is thought this step could allow the firms representation on Yahoo's board. 
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