January 30, 2023

Chinese car rental firm eHi Car to be taken private by CEO-led consortium for $938M

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By YIMIAN WU From China Money Network Chinese car rental company eHi Car Services Limited (NYSE: EHIC) announced that it has entered into a definitive agreement to be taken private by a consortium led by eHi Car’s CEO, Ray Ruiping Zhang, for US$937.5 million. The consortium is comprised of new investors including certain affiliates of […]