Reports: Li Ka-shing investing in Facebook
December 4th, 2007 Leave a comment Visited 27 times, 2 so far today
Reports: Li Ka-shing investing in Facebook
Market reports are claiming that Li Ka-shing has now invested close to around $60 million in the social networking company Facebook.
This investment has been made by the Li Ka Shing Foundation.
The sources added that the deal has been made on the same terms which Microsoft signed on with Facebook putting the value of the company at USD 15 billion.
These funds were just good enough to give Li Ka Shing Foundation around 0.4 percent stake in Facebook.
Microsoft owns a 1.6 percent stake in the company.
Facebook is yet to comment on these latest market rumors on investments in the company.
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