eHi Car Services Announces Completion of Going Private Transaction
SHANGHAI, April 9, 2019 /PRNewswire/ -- eHi Car Services Limited ("eHi" or the "Company") (NYSE: EHIC), a leading car rental and car services company inChina, today announced the completion of the merger (the "Merger") of the Company with Teamsport Bidco Limited ("Merger Sub"), a wholly-owned sub...
eHi Car Services Announces Shareholders' Approval of Merger Agreement
SHANGHAI, April 8, 2019 /PRNewswire/ -- eHi Car Services Limited ("eHi" or the "Company") (NYSE: EHIC), a leading car rental and car services company inChina, today announced that at an extraordinary general meeting of shareholders held today, the Company's shareholders voted in favor of, among o...
eHi Car Services Announces Extraordinary General Meeting of Shareholders
SHANGHAI, March 11, 2019 /PRNewswire/ -- eHi Car Services Limited ("eHi" or the "Company") (NYSE: EHIC), a leading car rental and car services company inChina, today announced that it has called an extraordinary general meeting of shareholders (the "EGM") to be held onApril 8, 2019 at 10:00 a.m. ...
eHi Car Services Enters into Amended and Restated Merger Agreement for Going Private Transaction and into Global Settlement Agreement with Members of Ocean Link Consortium
SHANGHAI, Feb. 19, 2019 /PRNewswire/ -- eHi Car Services Limited ("eHi" or the "Company") (NYSE: EHIC), a leading car rental and car services company inChina, today announced that it has entered into an Amended and Restated Agreement and Plan of Merger (the "Amended Merger Agreement") with Teamsp...
eHi Car Services Announces Results of 2018 Annual General Meeting
SHANGHAI, Dec. 27, 2018 /PRNewswire/ -- eHi Car Services Limited ("eHi" or the "Company") (NYSE: EHIC), a leading carrental and car services provider in China , today announced the resolutions adopted at its annual general meeting of shareholders held inShanghai, China on December 27, 2018. At t...
eHi Car Services Announces US$195 Million Syndicated Loan Facilities
SHANGHAI, Dec. 7, 2018 /PRNewswire/ -- eHi Car Services Limited ("eHi" or the "Company") (NYSE: EHIC), a leading carrental and car services provider in China , today announced that the Company has entered into aUS$195 million syndicated loan facility agreement. This loan facility agreement provid...
eHi Files Amended Transaction Statement on Schedule 13E-3 with Securities and Exchange Commission
SHANGHAI, July 3, 2018 /PRNewswire/ -- eHi Car Services Limited ("eHi" or the "Company") (NYSE: EHIC), a leading car rental and car services company inChina, today announced that it and other filing persons have filed an amended transaction statement on Schedule 13E-3 ("Transaction Statement") wi...
eHi Comments on Cayman Court's Outright Dismissal of Ctrip's Lawsuit and the Ctrip Consortium's Revised Non-Binding Proposal
Cayman Court States Allegations in Ctrip's Lawsuit "Unsustainable" and "Unmeritorious," arising from "the cynical and abusive presentation of a winding-up petition" Court Further Notes That "far from seeking to advance a class remedy on behalf of shareholders,[Ctrip] was seeking to advance its o...
Ctrip and Ocean Link Partners Submit Revised Higher Offer to Acquire eHi Car Services Limited
SHANGHAI, June 30, 2018 /PRNewswire/ -- the consortium (the "Ocean Link Consortium") formed between Ocean Imagination L.P., an entity controlled by Ocean Link Partners Limited, a private equity firm dedicated to investing in travel-related industries inChina ("Ocean Link") and Ctrip Investment Ho...
eHi Car Services Filed 2017 Annual Report on Form 20-F
SHANGHAI, April 30, 2018 /PRNewswire/ -- eHi Car Services Limited ("eHi" or the "Company") (NYSE: EHIC), a leading car rentals and car services provider inChina , today announced that the Company has filed its annual report on Form 20-F for the fiscal year endedDecember 31, 2017 with the Securitie...
Ocean Link Consortium Offered Higher Price to Take-private eHi
SHANGHAI, April 30, 2018 /PRNewswire/ -- Ocean Link Partners Limited ("Ocean Link"), a private equity firm dedicated to investing in travel-related industries inChina, is providing an update on the progress of its non-binding proposal to acquire all outstanding common shares of eHi Car Services L...
Ocean Link Consortium Offered Higher Price to Take-private eHi
SHANGHAI, April 30, 2018 /PRNewswire/ -- Ocean Link Partners Limited ("Ocean Link"), a private equity firm dedicated to investing in travel-related industries inChina, is providing an update on the progress of its non-binding proposal to acquire all outstanding common shares of eHi Car Services L...
eHi Issues Statement Regarding the Agreed-Upon Transaction with the Teamsport Consortium
SHANGHAI, April 16, 2018 /PRNewswire/ -- eHi Car Services Limited ("eHi" or the "Company") (NYSE: EHIC), a leading car rental and car services company inChina, today issued the following statement regarding eHi's previously announced definitive Agreement and Plan of Merger (the "Merger Agreement"...
eHi Car Services Announces Full Year 2017 Results
SHANGHAI, April 9, 2018 /PRNewswire/ -- eHi Car Services Limited ("eHi" or the "Company") (NYSE: EHIC), a leading car rental and car services provider inChina , today announced its unaudited financial results for the full year ended December 31, 2017. Unaudited Full Year 2017 Financial Results Ne...
eHi Car Services Enters into Definitive Merger Agreement
SHANGHAI, April 6, 2018 /PRNewswire/ -- eHi Car Services Limited ("eHi" or the "Company") (NYSE: EHIC), a leading car rental and car services company inChina, today announced that it has entered into a definitive Agreement and Plan of Merger (the "Merger Agreement") with Teamsport Parent Limited ...
eHi Car Services Announces Update to Preliminary Non-Binding Proposal to Acquire the Company
SHANGHAI, Jan. 2, 2018 /PRNewswire/ -- eHi Car Services Limited ("eHi" or the "Company") (NYSE: EHIC), a leading car rental and car services company inChina, today announced that its Board of Directors (the "Board") has received a preliminary non-binding proposal letter, datedJanuary 1, 2018 (the...
eHi Car Services Announces Results of 2017 Annual General Meeting
SHANGHAI, Jan. 2, 2018 /PRNewswire/ -- eHi Car Services Limited ("eHi" or the "Company") (NYSE: EHIC), a leading car rental and car services provider inChina , today announced the resolutions adopted at its annual general meeting of shareholders held inShanghai, China on December 28, 2017. At th...
eHi Car Services Announces Appointment of Independent Financial Advisor and Legal Counsel to the Special Committee
SHANGHAI, Dec. 26, 2017 /PRNewswire/ -- eHi Car Services Limited (NYSE: EHIC, "eHi" or the "Company), a leading car rental and car services company inChina, today announced that the special committee (the "Special Committee") of the Company's board of directors (the "Board"), formed to consider t...
eHi Car Services Announces Formation of a Special Committee to Evaluate Non-Binding Proposal
SHANGHAI, Dec. 11, 2017 /PRNewswire/ -- eHi Car Services Limited (NYSE: EHIC, "eHi" or the "Company), a leading car rental and car services company inChina, announced today that, in response to the non-binding proposal from Goliath Advisors Limited ("GAL") received by the Company's Board of Direc...
eHi Car Services Announces Receipt of Preliminary Non-Binding Proposal to Acquire the Company
SHANGHAI, Nov. 27, 2017 /PRNewswire/ -- eHi Car Services Limited ("eHi" or the "Company") (NYSE: EHIC), a leading car rental and car services company inChina, today announced that its Board of Directors (the "Board") has received a preliminary non-binding proposal letter (the "Proposal Letter"), ...