February 22, 2017 / 9:20 PM / 5 months ago

BRIEF-Telstra sells remaining stake in Autohome to Ping An Insurance Group

1 Min Read

Feb 23 (Reuters) - Telstra Corporation Ltd :

* 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 Source text for Eikon: Further company coverage: [TLS.AX, 601318.SS, ATHM.N]

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