13 March, 2017
Orrick's Betty Louie spoke with China Daily about outbound Chinese M&A activity in light of recent policies adapted. Betty noted that "when bidding for coveted assets abroad, the capital control measures may potentially put mainland enterprises going abroad at a disadvantage."
Betty added that "if a foreign seller has a number of bidders and one is a Chinese mainland enterprise, the perception that foreign exchange controls on the mainland can further tighten or limit thresholds can be reformulated, and could cause the mainland bidder to appear less attractive relative to other bidders who may not face similar restrictions."
Please click here to read the article.
For further information, please contact:
Betty L. Louie, Partner, Orrick
blouie@orrick.com
