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News: TLS Telstra sells remaining stake in Autohome to Ping An Insurance Group

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    Feb 23 (Reuters) - Telstra Corporation Ltd (TLS) :

    • Telstra sells remaining stake in Autohome
    • Telstra has sold its remaining 6.5 per cent interest in chinese online business Autohome to Ping An Insurance Group
    • Telstra's nominee director to autohome board has resigned
    • Deal for us$217 million (A$282 million based on current exchange rates)
    • Sale price of US$29.30 per share
 
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