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Warburg Pincus Sells Down CAR Shares In Lucrative Exit
Aggregated Source: China Money Network
Private equity firm Warburg Pincus LLC has launched a HK$3.108 billion (US$401 million) share sale in Hong Kong-listed Chinese car rental company, CAR Inc., in one hugely lucrative transaction that will bring proceeds that are two times of its original investment. Warburg Pincus, through its Amber Gem Holdings Ltd. unit, has agreed to dispose 168 […]

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