Haier Group to acquire near 42% stake in Autohome for $1.8 billion
Feb 20 (Reuters) - Hong Kong-listed Autohome 2518.HK said on Thursday its controlling shareholder Yun Chen Capital Cayman has agreed to sell 41.91% stake in the company to a unit of Haier Group Corp for $1.8 billion. (Reporting by John Biju in Bengaluru; Editing by Mrigank Dhaniwala) ((John.Biju@thomsonreuters.com;))
Recent news on Autohome
See all newsChina's Autohome Q2 revenue falls on lower dealer spending
Autohome's HK stock climbs to six-month peak on plans to repurchase US shares
Brief: Autohome Us$400 Million New Share Repurchase Program
Brief: Autohome Announces Cash Dividend Of $0.5900 Per ADS
China ADRs fall after hedge fund Bridgewater exits positions