Company's news
By Raphael Minder in Hong Kong Published: July 17 2007 23:44 | Last updated: July 17 2007 23:44 Foreign companies are struggling to complete takeovers in China and are being forced to pay more than local bidders, leaving Chinese buyers to drive the growth in the country’s mergers and acquisitions activity, according to a report. The latest data, collated by PwC, indicate that M&A transactions in China over the past year have gone from being almost equally split between domestic and foreign buyers to being two-thirds domestic. …
Foreign buyers squeezed out of China">