Deals Rumor Mill: China Orient, ETP, American Apparel

Law360, New York (January 9, 2017, 8:19 PM EST) -- Asset management firm China Orient Asset Management Co. Ltd. is looking to raise about $1.5 billion prior to a planned initial public offering, Reuters reported on Monday. According to the report, the company has plans to go public in Hong Kong either this year or next and is working with China International Capital Corp. Ltd. and Goldman Sachs Group Inc. to procure the pre-IPO funds.

Talks of a $5 billion deal between Blackstone Group LP and Energy Transfer Partners LP have ceased, with Bloomberg reporting on...
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