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