Seeking more synergy through international purchases
By Cecily Liu | China Daily | Updated: 2015-01-26 08:02
Private equity firms from China are increasingly investing overseas, helping to bring about synergy between Chinese and Western economies and businesses.
At the moment, many of these firms are partnering with Chinese investors to acquire Western companies, particularly since the financial crisis when valuations became more favorable. After acquiring a company, they help to restructure the resources to suit the Chinese market, generating surging revenue.
Judie Ng Shortell, a partner at the global law firm Linklaters, says the trend of outbound Chinese private equity deals is growing fast.
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