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Nasdaq-listed Qunar Cayman Islands, a provider of online travel services, is in the market with a follow-on offering of 8m American Depositary Shares (ADS) which could raise some $360m based on its current share price.
There is no price range or size for the trade, but the ADSs will be priced at a discount to China-based Qunar's last close of $46.01, according to a banker...