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ComfortDelGro sells 60% stake in China driving school for S$0.5m, expects delay for UK acquisition completion
Nanjing Xixia, a company incorporated and domiciled under the laws of China, is in the business of operating driving schools. The consideration was arrived at on a "willing buyer, willing seller" basis, after taking into account the book value and net tangible asset value of Nanjing Xixia, among other factors.
