IEyeNews

iLocal News Archives

Ray Ruiping Zhang

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

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…