Warburg Pincus to Acquire Additional 17.11% Stake in China Auto Retailer (CAR) for USD145m
Source(s): DealStreetAsia
Warburg Pincus has agreed to acquire an additional 17.11% stake in Hong Kong-listed car rental service provider China Auto Rental (CAR) for USD145m. The purchase will bring Warburg’s stake in the company to 27.22%, making it the majority shareholder. Read more