Haier Group to acquire near 42% stake in Autohome for $1.8 billion

Reuters
02-20
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;))

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