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Tencent-led investor group to take China's Bitauto private for $1.1b

Tencent-led investor group to take China's Bitauto private for $1.1b

Visual from company website

Akanksha Rana

14 June, 2020

Chinese car comparison website Bitauto Holdings Ltd on Friday agreed to be taken private by an investor group backed by gaming and social media firm Tencent Holdings Ltd for $1.1 billion in cash.

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