Michael Hufton News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Michael hufton. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Michael Hufton Today - Breaking & Trending Today
Deutsche Bank prepares to seize Hong Kong, mainland China business upswing while rivals retrench during IPO, deal slump scmp.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from scmp.com Daily Mail and Mail on Sunday newspapers.
Deals targeting logistics companies in China have delivered the best start to the year on record, generating bumper profits for private equity firms. About $5.5 billion worth of acquisitions of Chinese logistics firms have been announced so far this year, the strongest first quarter ever, according to data compiled by Bloomberg. Warburg Pincus LLC and MBK Partners are among the firms that have recently profited from selling their stakes in companies in the red-hot sector. Courtesy of Bloomberg Buyout firms have been betting heavily on assets like warehouse space well before China’s increasingly affluent consumers joined the shift toward e-commerce, which was turbo-charged by the coronavirus pandemic. Even after these latest transactions, dealmakers see investment in Chinese logistics assets continuing to rise. ....
PE investors are feasting on China’s $5.5b logistics deals Photo by chuttersnap on Unsplash March 1, 2021 Deals targeting logistics companies in China have delivered the best start to the year on record, generating bumper profits for private equity firms. About $5.5 billion worth of acquisitions of Chinese logistics firms have been announced so far this year, the strongest first quarter ever, according to data compiled by Bloomberg. Warburg Pincus LLC and MBK Partners are among the firms that have recently profited from selling their stakes in companies in the red-hot sector. Buyout firms have been betting heavily on assets like warehouse space well before China’s increasingly affluent consumers joined the shift toward e-commerce, which was turbo-charged by the coronavirus pandemic. Even after these latest transactions, dealmakers see investment in Chinese logistics assets continuing to rise. ....