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BITA News and Press, Bitauto Holdings Limited American Depositary Shares (each representing one) From 10/28/19

Stock Information

Company Name: Bitauto Holdings Limited American Depositary Shares (each representing one)
Stock Symbol: BITA
Market: NYSE
Website: bitauto.com

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BITA - Autohome: We Are Not Convinced Enough

Lead author: Frank Wang. Source: sina.com.cn. Background How Autohome ( ATHM ) caught our attention in the first place was its capital efficiency and cash generation. As you can see below, the business maintained its returns on tangible assets above 15% while increasing its FCF per s...

BITA - Bitauto Announces Appointment of Independent Financial Advisor to Special Committee

BEIJING , Oct. 22, 2019 /PRNewswire/ -- Bitauto Holdings Limited ("Bitauto" or the "Company") (NYSE: BITA), a leading provider of internet content & marketing services, and transaction services for China's fast-growing automotive industry, today announced that the special co...

BITA - Merger Arbitrage Analysis And Spread Performance - October 13, 2019

This article explains the reasons behind the movement in a selection of the largest U.S. cash merger arbitrage spreads from the past week as calculated by Merger Arbitrage Limited. We analyze the attractiveness and profitability of each spread going forward and indicate the trading position or...

BITA - Bitauto's Non-Binding Proposal Offers A Possible Arbitrage

On September 13, Bitauto Holding Limited (NYSE: BITA ) received a non-binding proposal from Tencent Holding Limited and Hammer Capital (together, "Buyer Consortium" or "Consortium") offering to purchase all outstanding shares not currently owned in exchange for $16 per American Depositary S...

BITA - Bitauto forms committee to evaluate go-private offer

Bitauto (NYSE: BITA ) has formed a special committee of three independent directors to consider the go-private proposal from Tencent ( OTCPK:TCEHY ). More news on: Bitauto Holdings Limited, Tencent Holdings Limited, Tencent Holdings Limited, Tech stocks news, Global news and forex Rea...

BITA - Bitauto Announces Formation of Special Committee to Consider "Going Private" Proposal

BEIJING , Sept. 19, 2019 /PRNewswire/ -- Bitauto Holdings Limited ("Bitauto" or the "Company") (NYSE: BITA), a leading provider of internet content & marketing services, and transaction services for China's fast-growing automotive industry, today announced that its Board of Dir...

BITA - Insights From Alibaba's 20th Anniversary Party; Baidu And Tencent Make Investments

By ALT Perspective In the previous Chinese Internet Weekly , I listed a series of positive developments stemming from China which supported the stock market rise, including the broader Chinese internet sector. This time around, we have a boost from President Trump as well. He announced ...

BITA - Merger Arbitrage Analysis And Spread Performance - September 15, 2019

This article explains the reasons behind the movement in a selection of the largest U.S. cash merger arbitrage spreads from the past week as calculated by Merger Arbitrage Limited. We analyze the attractiveness and profitability of each spread going forward and indicate the trading position ...

BITA - SDRL, MNK among premarket gainers

Mer Telemanagement Solutions (NASDAQ: MTSL ) +96%  on 1H results . More news on: Mer Telemanagement Solutions Ltd., Fibrocell Science, Inc., Cellectar Biosciences, Inc., Stocks on the move, Read more ...

BITA - Bitauto +12% on Tencent go-private offer

Bitauto (NYSE: BITA )  received a preliminary non-binding proposal letter from Tencent ( OTCPK:TCEHY , OTCPK:TCTZF ) and Hammer Capital  to acquire all shares not already owned by the group. More news on: Bitauto Holdings Limited, Tencent Holdings Limited, Tencent Holdings Limit...

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