Warburg Pincus to sell up to $341 mln shares in Chinese rental firm CAR
May 27, 2015 at 07:06 AM EDT
HONG KONG, May 27 (Reuters) - Private equity firm Warburg Pincus LLC on Wednesday launched a sale of shares worth up to $341 million in CAR Inc, looking to benefit from a rally in the stock price of China's largest auto rental company which has more than doubled since its stock market listing last September.