Australian incumbent Telstra stands to raise A$2.1bn (US$1.6bn) from the sale of its 47.7% stake in Chinese car sale website Autohome to China’s Ping An Insurance Group. The sale price of US$29.55 per share reflects a premium of 12.7% to Autohome’s average share price over the past 60 days, the telco said in a statement. Australian incumbent […]