Restructuring is a word that many Chinese companies are familiar with. Effective restructuring, however, requires developed capital markets. The absence of these has meant that most restructuring activity in China takes the form of asset transfers and the private sale of shares.
Trends in Mergers & Acquisitions: the Restructuring of Domestically Listed Chinese Companies
Restructuring is a word that many Chinese companies are familiar with. Effective restructuring, however, requires developed capital markets. The absence…
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