Chinese Red Tape Leaves M&A, IPO Transactions in Limbo
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Hi, it’s Dong Cao, Julia Fioretti and Dave Sebastian in Hong Kong, where we’ve been tracking down the increasing regulatory hurdles faced by some Chinese companies when they pursue deals, big and small. Also today, Carrefour looks for ways to boost its valuation and German IPOs appear set to defy a sluggish economy.
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Bad news for bankers in China: the country is leaving billions of dollars worth of deals on the table.