
China take-privates, part 34
One week, two private equity-backed management buyout offers for Chinese companies listed on NASDAQ, and a lot of fuss from (some, but not all) media outlets about how this is the start of something big. It’s not.
The $3.5 billion MBO touted for Focus Media takes the China take-private trend up a notch - but it's not new. And given the amount PE investors have talked about these opportunities in recent months, not...
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