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58.com Take-private by Quantum Bloom Group Ltd

Mergers & Acquisitions

58.com (NYSE: WUBA), a Chinese online “classifieds marketplace”, entered a going-private transaction with a consortium led by Warburg Pincus, General Atlantic and the company’s chairman and CEO for $8.7 billion.

Morrow Sodali acted as the proxy solicitor for the target in this transaction.

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