February 28, 2021

Telstra faces misconduct allegations over $2.1 billion Autohome sale

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By Max Mason From AFR Weekend Telstra faces allegations of misconduct over its $2.1 billion sale of most it is majority stake in Autohome in an action brought in the Cayman Islands by the minority shareholders of the Chinese car classifieds business. Telstra, which announced $1.5 billion was to be returned to shareholders with the […]

Telstra’s Autohome sale faces Cayman Islands court action

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By Max Mason From Financial Review Telstra’s $2.1 billion sale of most of its majority stake in Autohome to insurer Ping An will face a court challenge after it emerged a group of executives from the Chinese car classifieds company had planned their own takeover. A management consortium, led by Autohome chief executive James Qin, […]