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Telstra nets $531 million for shares

2014-11-06 07:04:42| Telecom - Topix.net

Telstra is set to make a $US460 million windfall by selling part of its shares in its Chinese car sale website Autohome on the New York Stock Exchange. Telstra is selling down its stake in Autohome by 8.7 per cent to 56.7 per cent of the company, according to documents listed on the US Securities and Exchange Commission .

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