China has already proven its fee-paying ability to privatization bankers. But thus far, its MA potential has seemed a long way off.
Not so, says law firm OMelveny Myers which says its China MA practice is booming.
Weve done a lot of MA deals in China, says Howard Chao, one of the firms Shanghai-based partners. Most of the deals are Western companies or funds buying or selling assets in China. They are small and medium-sized deals and thats why they dont register on the radar screen.
The firm has 25 professionals in Shanghai and says that most of the deals tend to be between $30...
