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58.com Valued At $8.7B In Go-Private Deal Guided By 10 Firms

By Benjamin Horney (June 15, 2020, 10:57 AM EDT) -- A consortium featuring Chinese private equity firm Ocean Link, Warburg Pincus and General Atlantic has agreed to buy Chinese classified ads marketplace 58.com in a deal that values the company at about $8.7 billion and was put together with help from 10 law firms....

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