Steep Slowdown For Chinese Cross-Border Corporate Acquisitions
PYMNTS
MAY 11, 2017
Bloomberg News reported Wednesday that dealmakers on China’s mainland are “struggling to cope with tighter capital controls” and a more cautious deal-making landscape. These “break fees” can be as high as 10 percent of a deal’s headline price tag, up from 2 percent seen in past years. Investments would be topped off at $10 billion.
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