Private Equity Sees Bargains In Dinged-Up Chinese Stocks

Law360, New York (June 3, 2013, 8:54 PM EDT) -- With regulators and exchanges weeding out many of the bad seeds and shareholders driving down valuations on the rest, private equity firms are scouring U.S. markets for listed Chinese companies, rattling off a spate of take-private deals.

More than 30 China-based companies with U.S. tickers have announced buyouts since early 2012. That's more than in the previous two years combined, according to investment bank Roth Capital Partners. Teaming with management and local Chinese investors, buyers including TPG Capital LP and The Carlyle Group LP are finding...
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