Warburg, General Atlantic back privatisation bid for Chinese classifieds firm 58.com

Warburg, General Atlantic back privatisation bid for Chinese classifieds firm 58.com

Photo by Eepeng Cheong on Unsplash

A take-private offer for Chinese online classifieds marketplace 58.com has secured the backing of private equity firms Warburg Pincus and General Atlantic, the New York-listed firm said on Thursday.

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