Scoopfeeds — Intelligent news, curated.
Elliott Loses Fight Over $8.7 Billion Buyout of China’s 58.com
business

Elliott Loses Fight Over $8.7 Billion Buyout of China’s 58.com

Bloomberg Markets · May 8, 2026, 12:10 PM

Elliott Investment Management, T. Rowe Price Group Inc. and other money managers failed to persuade a Cayman Islands judge to award more than the deal price in the $8.7 billion take-private of China’s largest online classified-ad marketplace six years ago.

Read full story on Bloomberg Markets → More top stories
Aggregated and edited by the Scoop newsroom. We surface news from Bloomberg Markets alongside other reporting so you can compare coverage in one place. Editorial policy · Corrections · About Scoop