58.com eyes $3bn loan from Chinese banks to go private

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

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58.com eyes $3bn loan from Chinese banks to go private

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Lion statue in front of Gate of Supreme Harmony in Forbidden City, main tourist attraction of Beijing city, China | Fotokon - stock.adobe.com

58.com, a Chinese company that focuses on online classified advertisements, is in talks with banks in the country for a financing package of $3bn to support its take private.

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