
China take-privates: New wave

Recent volatility notwithstanding, plenty of investors want to back China take-privates with a view to domestic re-listings at higher valuations. The company founders behind these deals are the big winners
A few weeks ago, Shanda Games appeared to be on the cusp of a potentially lucrative re-listing. The Chinese company departed NASDAQ in November following a $1.9 billion privatization, by which point the...
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