Fosun Is a Connoisseur of Brands - WSJ.com: " . . . Mr. Liang: Every time, before we invest in anything, we all have to ask ourselves, "If we can't exit, do we want to be with them for life?" If the answer is no, then you shouldn't look at it at all. Tough realities face China's private-equity industry. More than 5,000 PEs have invested in 7,000 to 8,000 companies, and the number is increasing by 600 to 700 a year. Not all of them can exit through initial public offerings. So we try to exit through various markets, or through mergers and acquisitions. . . ."
more news below
Follow @vcexp
No comments:
Post a Comment