Ministry of Commerce approves M&A share swaps

From September 8 2006, share swaps will be allowed instead of cash payment when foreign companies merge with or acquire PRC companies, according to the…

2 minute readSeptember 02, 2006 at 12:58 AM
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clpstaff
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From September 8 2006, share swaps will be allowed instead of cash payment when foreign companies merge with or acquire PRC companies, according to the Provisions for the Acquisition of Domestic Enterprises by Foreign Investors(关于外国投资者并购境内企业的规定), jointly issued by

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