Lawyers at Paul, Hastings, Janofsky Walker, who advise on such deals, say 2006 may be a big year for the LBO scene in the mainland.
They reckon that as foreign investors vie to put money and their expertise in Chinese companies, there is mounting interest in access to a broader range of financing options to put their plans to work. And that means LBOs are on the table.
ôIÆm hearing that there are lots of deals in the pipeline,ö says Brett King, a leveraged finance specialist and partner at Paul Hastings in Hong Kong. ôSo it's reasonable to forecast...
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