Mergers Hunting in a Heyday for Buyout Funds
(Beijing) -- Private investors and companies with buyout ambitions are increasingly getting around barriers to traditional financing in China by steering onto the private equity highway.
And many have found a fast lane in the form of PE firms that specialize in buyouts, mergers and acquisitions.
Plans were announced between January and August to launch six buyout funds to raise nearly US$ 3 billion combined, or roughly 18.7 billion yuan, said Zero2IPO Group, an investment services provider. About one-third of that amount had been raised as of September.
- Party Graft Crackdown Snares 14 Generals, Military News Site Says
- HK Police Detain 33 Protesting against Mainland Shoppers at Mall
- Closer Look: What to Expect from This Year's 'Two Sessions'
- Media Watch: Former Star Reporter Causes Stir with Smog Documentary
- Ant Financial Subsidiary Starts Offering Individual Credit Scores
- Attempt to Gain New Investor Failed, New China Life Insurance Says
- Graphics: Coming and Going
- The Week in Photos: February 21-27
- Oil Giants Dispute Reports that Gov't Is Considering Mergers
- Going Out
- Sign up to receive our free daily newsletter
- Minsheng Tries Weathering a Maelstrom
- Can Market Mechanisms Clear China's Bad Air?
- Three Private Shipping Companies Run into Financial Troubles
- Closer Look: Local Officials Have Little Love for National Hukou Reform
- State Patronage Divides Confucian Intellectuals
- Tourism Tensions Have HK Mulling Limits on Visitor Numbers
- Experts Split on Whether Merger of Taxi App Firms Breaks Law
- Is It Time to Include the Yuan in IMF Basket?
- Gov't Orders Documentary about Gays, Lesbians Removed from Net
- Gov't Moves on GM Crops Spur Industry's Cautious Optimism