Wednesday, June 17, 2020

An investor group backed by Warburg Pincus has agreed to take 58.com, China's biggest online classifieds company, private in a deal valued at about $8.7B (Manuel Baigorri/Bloomberg)

Manuel Baigorri / Bloomberg:
An investor group backed by Warburg Pincus has agreed to take 58.com, China's biggest online classifieds company, private in a deal valued at about $8.7B  —  - Consortium to take Tencent-backed firm private for $56 per ADR  — Buyout funds in deal to acquire China's answer to Craigslist



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Sources: the Trump administration is quietly debating whether to ban Chinese-made cellular modules, as the US FCC pushes measures to reduce Beijing's threats (Demetri Sevastopulo/Financial Times)

Demetri Sevastopulo / Financial Times : Sources: the Trump administration is quietly debating whether to ban Chinese-made cellular module...