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.
- Market Cave-In
- China's Passport Selfies Service Hits a Snag
- China Unveils System to Insure Depositors If a Bank Fails
- Opportunity Knocks at New Infrastructure Bank
- Capital's Schools to Close When Air Pollution Gets Too Bad
- Slowly, China Prepares to Raise Retirement Age
- Caixin Suing Guo Wengui and Hong Kong Media
- The Euro Currency Pain Will Remain for Chinese Exporters
- Making an Exit
- New Property Policies Give Boost to Main Stock Indexes
- Sign up to receive our free daily newsletter
- Kissinger: China, U.S. Must 'Lead in Cooperation'
- Yuan and Gold: Old Enemies Should Finally Become Friends
- Tycoon Said to Bring Down a Deputy Mayor, Control Key Beijing Land Deal
- Reinventing the Bicycle in Beijing
- Caixin Pledges to Defend Hu Shuli's Reputation
- Saudi Aramco's Supply to China Potentially Doubling
- Confucius and the World He Created
- Who Is Prince Qing?
- Ex-Police Chief Held for Murder Said to Be Linked to Graft Case
- Military-Linked Hospital Allows Fake Doctor to Practice