Qihoo’s $9.3 Billion Buyout Said to Hit FX Regulator ImpasseBloomberg News
Chinese consortium told it can’t move money offshore in one go
Biggest Chinese buyout at $9.3 billion pending since December
The Qihoo 360 Technology Co. buyout consortium seeking to take the Chinese company private in a $9.3 billion deal has hit an impasse with the nation’s foreign-exchange supervisor as the regulator scrutinizes the deal, people with knowledge of the matter said.
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