The buyout of Yahoo! continues to make news this week as Reuters follows up reports that Blackstone Group and Bain Capital are pondering a USD 25 billion bid for the Internet giant. The buyout attracting a growing number of potential PE bidders, it seems.
Not only are Bain and Blackstone interested in acquiring the venture, according to Reuters, other offers also involve PE firms. One is a consortium led by Silver Lake and Microsoft Corp, and another from TPG Capital. The report says that the transaction would be a “test” of institutional loan market, which may only be able to provide USD 3 billion to USD 5 billion toward USD 20 billion price tag.