BUYOUTS: eHi Prepares to Drive Off, Jumei Bid Unravels
Bottom line: A third-party buyout offer for eHi could presage a wave of similar new bids for undervalued, profitable Chinese companies, while withdrawal of Jumei's buyout bid could be followed by a new, lower offer.
- eHi gets buyout offer
After a period of relative quiet, the privatization wave that swept US-listed Chinese companies nearly two years ago is bubbling back int...