Telstra raises $320m from Autohome share sale

The Australian telecoms and media company nets $320 million after selling an 8% stake in Autohome. More than 90 lines participated in the offering.

Telstra, the Australian telecoms and media company, raised $320 million after selling an 8% stake in Autohome, the US-listed Chinese car-trading website.

¬ Haymarket Media Limited. All rights reserved.

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