HONG KONG—An increasing number of Chinese deal-makers are showing up to the negotiating table uninvited, and facing push-back on their bids. So far this year, 13 Chinese companies have made a total of $78 billion of unsolicited offers for overseas targets. The companies are often rushing headlong into global takeover battles— sometimes lobbing in rich offers after another bidder has already sealed a deal. That follows a record 17...
Source: Wall Street Journal June 05, 2016 04:18 UTC