Investors agree $9.3b take-private for China's Qihoo 360
A string of domestic insurance companies have come in to support the $9.3 billion buyout of Qihoo 360 Technology, the largest private equity-backed privatization of a US-listed Chinese company.
The company said in a regulatory filing that it had entered into a definitive agreement with a consortium for an all-cash transaction that includes the redemption of around $1.6 billion in debt. The consortium,...
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