Managing the auction process
March 07, 2011 | BY
clpstaff &clp articlesBuying a state-owned enterprise can be a challenging ordeal for a foreign acquirer. To navigate the auction process successfully, a bidder must understand how it is structured and devise a strategy
In China, almost all acquisitions of state-owned enterprises (SOEs) are complicated by the fact that the deal is statutorily required to go through a public listing and auction process designed