
CAR Inc. Sets For Privatization And Will Delist on July 8
MBK Partners has completed the compulsory acquisition of CAR Inc., which is now a wholly-owned subsidiary of MBK.
7/6/20212 min read
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MBK Partners has completed the compulsory acquisition of CAR Inc., which is now a wholly-owned subsidiary of MBK.
In response to rumors that it would seek an IPO in Hong Kong, employees from Chinese car rental firm eHi said on Wednesday, "there is indeed a plan to go to Hong Kong for IPO, but the specific time has not yet been set."