Autohome CEO makes case for management buyout

Beijing

AUTOHOME Inc's chief executive officer, who is leading a management buyout offer to prevent its Australian parent from selling control to China's second-largest insurer, said his proposal is in the best interest of shareholders and the company as he seeks to scuttle a binding deal.

The management-led group is offering a higher price, has enough funding and keeping the company in the hands of the executives will help the car-information provider transform itself into an online-transaction powerhouse, Autohome CE…